The market regulator, SEBI has issued a statement. The statement urges, “investors should remain calm and exercise due diligence before reacting to such reports. Investors may also like to take note of the disclaimer in the report that states that readers should assume that Hindenburg Research may have short positions in the securities covered in the report.”

The report disputes SEBI’s decision to issue a show cause notice to Hindenburg Research on June 27, 2024, and asserts that the agency has not taken any action against the Adani Group. Furthermore, it asserts that SEBI modified the 2014 SEBI (REIT) Regulations to the advantage of a multinational financial conglomerate with a diverse portfolio. Notably, the allegations made by Hindenburg Research, agains…