Particle.news

Download on the App Store

SEBI Clears Adani of Hindenburg Claims as Group Stocks Surge

The regulator said the cited transactions complied with rules and did not constitute related-party deals.

Overview

  • SEBI concluded its probe into the short-seller report and found the allegations against Adani Group unsubstantiated, closing a key regulatory overhang.
  • Adani Enterprises, Adani Power, Adani Green, Adani Ports and Adani Energy Solutions rose roughly 2–9 percent intraday, with NDTV up 5 percent and ACC and Ambuja also firmer.
  • Adani Power touched a 52-week high and is executing a 1:5 stock split with a September 22 record date, making September 19 the last day to buy to qualify under T+1 settlement.
  • Indian benchmarks slipped on profit-taking and uncertainty around US tariffs and Federal Reserve policy, even as Adani stocks outperformed.
  • Stock-specific news drove additional moves: Osia Hyper Retail hit a lower circuit after Elitecon withdrew planned equity and warrant investments and the firm pulled a preferential listing application; Apollo Micro Systems announced a cybersecurity MoU; Anand Rathi Shares & Stock Brokers set its IPO to open September 23 at ₹393–₹414 to raise about ₹745 crore.