Replies to SEBI Chairpersons on the sensational allegations made by Hindenburg What did SEBI chairman Madhavi Puri say?

Replies to SEBI Chairpersons on the sensational allegations made by Hindenburg What did SEBI chairman Madhavi Puri say? 

Last year, US-based short-seller firm Hindenburg released a report levelling serious allegations against Indian billionaire Gautam Adani. 

Now this year, he again targeted the market regulator SEBI by involving Adani. Hindenburg, in his report, has claimed a link between the Adani Group and SEBI chairman Madhavi Puri Buch, alleging that the SEBI chairman was also involved in the offshore entities that were used in the Adani money laundering scandal, according to documents obtained from the whistleblower. Now the SEBI chairperson has given an explanation on these allegations. 

However, he also responded to the SEBI chairperson about the sensational allegations made by Hindenburg. "" "All allegations against me are baseless and attempts are being made to defame me." In a statement issued this morning, Madhavi Puri Buch and her husband Dhaval Buch said that the allegations made in the Hindenburg report are without evidence and there is no truth in them. 

Our lives are in front of us. Whatever disclosures we needed to make, we have given all the information to SEBI over the years. 

"Madhavi Puri Buch further said," "We do not hesitate to disclose any financial documents, including those related to the period when we were completely ordinary citizens." If the officer needs it, we are ready to give it. It is unfortunate that SEBI has acted against Hindenburg Research and sent a show-cause notice, in response to which they have tried to tarnish our character.