NEW DELHI: (May 20) The Congress on Tuesday flagged media reports claiming that SEBI has warned two offshore funds holding Adani Group shares with penalties and said the market regulator’s actions might appear on the surface to represent progress but the probe has dragged on for over two years with the conglomerate benefitting from the delay.
There was no immediate reaction from the Securities and Exchange Board of India (SEBI) or the Adani Group on the claims.
Congress general secretary in-charge of communications, Jairam Ramesh, said the “double-engine” Modani saga continues. PTI