SEBI probing Adani Group's links to investors in cancelled FPO: Report
Markets regulator SEBI is investigating Adani Group's links to some investors who took part in Adani Enterprises' ₹20,000-crore FPO, which was later called off, Reuters reported. The SEBI is reportedly probing relationships between Adani and two Mauritius-based firms that participated as anchor investors. It is said to be looking for potential conflict of interest and violation of securities law.