30/4/2025, 1:19:03 pm

Adani group faces delay in settlement pleas

SEBI has put Adani group's settlement pleas on hold amid a review of its settlement processes, prompted by a lack of uniformity and unclear penalty rules. The review, expected to take three months, may require Adani entities to recategorize shares held by offshore funds as non-public. Adani faces charges, including misclassifying shareholders and offshore fund violations.