Hindenburg receives 'show cause' letter from Indian markets regulator-March 2024-www.financetom.com

Hindenburg receives 'show cause' letter from Indian markets regulator

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Hindenburg receives 'show cause' letter from Indian markets regulator

Jul 1, 2024 1:50 PM

July 1 (Reuters) - Hindenburg Research said on Monday it

received a "show cause" letter from market regulator Securities

and Exchanges Board of India after the U.S. short-seller put out

a report on Adani Enterprises last year.

The letter outlined suspected violations of regulations in

the country, the research firm said in a blog post.

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