NEW DELHI: After much suspense, Sebi chairperson Madhabi Buch is scheduled to appear before the Public Accounts Committee of Parliament on Thursday, a meeting that on agenda is slated to be a performance review of the top regulator, but which may result in fireworks over its functioning as well as about the recent allegations of…
MUMBAI: Hindenburg Research on Wednesday pointed out that Sebi chief Madhabi Puri Buch has maintained “complete silence” for weeks despite several entities making fresh charges. “New allegations have emerged that the private consulting entity, 99% owned by Sebi chair Madhabi Puri Buch, accepted payments from multiple listed companies regulated by Sebi during her time as…
NEW DELHI: Sebi chief Madhabi Puri Buch and her husband Dhaval Buch on Sunday rejected the claims of the fresh Hindenburg Research report alleging that the market regulator body chairperson had stakes in “obscure offshore entities used in Adani money siphoning scandal”.Issuing a point-by-point rebuttal, Madhabi Buch and her husband trashed allegations of impropriety levelled…
NEW DELHI: Government is unlikely to immediately step into the controversy created by the Hindenburg report as senior officials believe that the charges against Sebi chief Madhabi Puri Buch and her husband Dhaval, are “untrue and malicious” and are in response to the regulator‘s notice to the short seller. They alleged that Hindenburg may also…
NEW DELHI: At least two industry bodies – Amfi and The Indian Venture and Alternate Capital Association – on Sunday publicly came out in support of Sebi chairperson Madhabi Puri Buch and the markets regulator and called Hindenburg‘s allegations “unwarranted” and “lacking in context”.“We believe that the recent allegations made by Hindenburg are unwarranted and…
MUMBAI: Hindenburg Research, the US short-seller that in Jan 2023 had alleged extensive corporate fraud by the Adani group using offshore vehicles, on Saturday night cited whistleblower documents claiming that Sebi chairperson Madhabi Puri Buch, with husband Dhaval, had also invested in the same offshore vehicles.Sebi chief and her husband, through 360 One WAM (IIFL’s…
