TNPSC Thervupettagam

Sapre Committee Report

May 28 , 2023 407 days 296 0
  • It was constituted by Supreme court on 2nd March 2023.
  • It aims to investigate any violations of securities law by the Adani Group in the wake of the Hindenburg report.
  • The Chairman of committee is the former Supreme Court judge Justice Abhay Manohar Sapre (Retd).
  • The report states that the Adani group has disclosed all beneficial owners.
  • There is no allegation that SEBI is rejecting the declaration of beneficial owners of Adani.
  • Adani's retail stake has increased after the Hindenburg report.
  • The report clearly states that prima facie no violation of existing rules or laws has been found.

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