The billionaire industrialist and chairman of Adani Group, Gautam Adani, with his wife, Priti Adani, has a Jain Temple in Ahmedabad, Gujarat, a day after the Indian capital regulator, the Securities and Exchange Board of India (Sebi) a report of the Hindenburg against the news on September 20, News Agency of September 20, of September 20, visited. The nearby billionaire assistance said that Adani chose to prefer gratitude over the celebration, as Hindenburg’s storm was smooth after months of reflection on Sebi’s judgment. “For the Adani family, it was more than regulatory relief – it symbolized the triumph of good about evil, a quiet victory of gravel, faith and resilience,” the newspaper told the news agency. On Saturday, September 20, 2025, Adani and his wife lit a single DIYA and offered a quiet prayer of thanks to God and sought the blessings of the Almighty. Adani at Sebi’s order Mint reported earlier that Sebi cleared Adani Group and its top executives of the allegations of the bypass of related party transaction rules on Thursday, September 18, 2025. Billionaire Gautam Adani reiterated in a social media post on X his position that the allegations imposed by US short-selling Hindenburg research were ‘unfounded’ and that the company maintained its transparency and integrity. “After an extensive investigation, Sebi reaffirmed what we have always maintained, that the Hindenburg allegations were unfounded. Transparency and integrity have always defined the Adani group,” Gautam Adani said in his post. Adani also addressed that he was the pain of investors who lost their money during the Adani-Hindenburg saga, which alleviated the Indian stock market since the original report was released in January 2023. ‘We feel the pain of the investors who have lost money because of this fraudulent and motivated report. “Our commitment to the institutions of India, India’s people and nation building remains unwavering,” he said. Here is what Sebi found that Mint reported earlier that Sebi found that although the Adani group companies led their funds through three businesses according to the Hindenburg claims, these transactions were not illegal at the time when they were executed. In two separate orders released on Thursday night, Kamlesh Vershney, all the time of Sebi, sold the proceedings against all notice, which includes Gautam Adani, his brother Rajesh Adani, and the head of the Financial Officer (CFO) Jugeshinder Singh. The market regulator investigation was caused by a Hindenburg research report, which claims that Adani group enterprises used Adicorp Enterprises PVT. Ltd, Milestone Tradelinks Pvt. Ltd, and rehvar infrastructure pvt. Ltd. as “Conduit entities.” However, Sebi said the group could not be penalized on the basis of a 2021 amendment that was made after the transactions.
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