Huge if true! but most likely this news will get buried and will not have any material impact on SEBI.
It was locked since a long time. Not related to this
like i said before their actions are obvious that its not to help traders, its to benefit themselves. in one of video i learned adani brother is trading as fii in india. someone else should take incharge and tear away those consultation papers and save the fno market that took decades to build.
Haha this was expected. No surprises here.
She was a puppet the day she was made the chairman. she was hand picked.
Small fno traders ki baddua lag gyi h sebi chief ko
Adani will end up just like Sahara after the Modi government is gone. It’s nothing new and it’s always been like this. They all are thieves.
What needs to be seen is how much damage this will do to our stock market.
Clearly investor confidence will reduce drastically after this.
“In the context of allegations made in the Hindenburg Report dated August 10,2024 against us, we would like to state that we strongly deny the baseless allegations and insinuations made in the report. The same are devoid of any truth.
Our life and finances are an open book. All disclosures as required have already been furnished to SEBI over the years. We have no hesitation in disclosing any and all financial documents, including those that relate to the period when we were strictly private citizens, to any and every authority that may seek them," the couple said in the joint statement."
Jai Anant Dehadrai’s first argument is that the report has attempted to establish financial wrongdoing, or bribery, only by virtue of owning a stake that current SEBI Chairperson and her husband, Dhaval Buch held in the same offshore fund.
“There is no evidence anywhere in the Report to back the claim that the SEBI Chairperson took any bribes. Routine investment instruments have been sensationalised in the Report to create an impression of ill-gotten and opaque wealth,” Dehadrai wrote.
She is fraud No 1 –
Now she is acting lie ,i want to save retail trader - its all drama - they are flashing something hard means - they are hiding on opposite side in a big way
when she is laughing , on that time itself i have a doubt - she made billions rupees in REIT Block sale
Hindenburg release all with proof
through these POlitical power support and regulator support
Adani , Anil Ambani , Nirav Modi etc those people are safe
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According to the statement, their decision to invest in this fund was based on the fact that the Chief Investment Officer, Anil Ahuja, was a longtime friend of Dhaval’s from school and IIT Delhi.
Ahuja, who had a strong investing career with experience at Citibank, J.P. Morgan, and 3i Group plc, was the key factor in their investment decision. “When in 2018 Mr. Ahuja left his position as CIO of the fund, we redeemed the investment in that fund,” the release stated. They also confirmed, with Ahuja’s affirmation, that at no point did the fund invest in any bonds, equities, or derivatives of any Adani group company. -
The release also addressed Dhaval’s appointment as Senior Advisor to Blackstone Private Equity in 2019. The couple clarified that this role was due to Dhaval’s expertise in supply chain management and was publicly known long before Madhabi became Sebi Chairperson.
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“On his appointment, the Blackstone Group was immediately added to Madhabi’s recusal list maintained with Sebi,” the statement said, ensuring there was no conflict of interest.
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Over the last two years, SEBI has issued more than 300 circulars, including initiatives to ease doing business, all of which were approved by Sebi’s board after extensive public consultation, not by the chairperson alone. The couple rejected insinuations that any regulations related to the REIT industry were favors to specific parties, labeling these claims as “malicious and motivated.”
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The release also touched on two consulting companies Madhabi had set up during her time in Singapore. “These companies became immediately dormant on her appointment with Sebi, and all relevant disclosures were made to Sebi,” the statement read.
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After Dhaval retired from Unilever in 2019, he continued his consultancy practice through these companies, working with prominent clients in India. The couple maintained that linking the earnings from these companies to Madhabi’s current government salary was unfounded.
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Madhabi and Dhaval Buch reiterated that all their financial disclosures and recusals have been diligently followed according to Sebi’s institutional mechanisms.
What does locking the profile mean? SEBI exist for investor awareness and protection, isn’t it?
this is just to destabilize India. just a bunch of short sellers from california hiring interns to write reports.
You seem to be very knowledgeable about this field
Please explain how one report from a private firm can destabilise India?
or are you getting this nonsense from whatsaspp university?
toh kya garba khelne ke liye report likha? Alan, i understand your frustration with your put positions today and am extremely sorry for your losses Alan.
i never said it “can or cannot” destabilize india. i said it was its purpose and it did “destabilize” indian economy and retailers with its past report on adani. em…i guess you are right, it was not one, but TWO reports which created havoc. if you think this is non-sense and from whatsapp university, lets see what facts you got. explain what you think this is all about in full. lets also see what you have.
Who is this Alan?
Maybe adani send one of employees on this forum to defend himself😂
So it’s Hinderberg employee vs Adani employee… may the best employee win 