SEBI urges investors to stay composed and conduct thorough research before responding to reports like those from Hindenburg

New Delhi : The Securities and Exchange Board of India (SEBI) has issued a strong advisory urging investors to stay composed and conduct thorough due diligence before reacting to potentially misleading reports like those from Hindenburg Research. SEBI emphasized the importance of not being swayed by reports that might be driven by vested interests, noting that Hindenburg Research may hold short positions in the securities they cover, which could influence the content and tone of their reports.

In its statement, SEBI refuted the allegations made by Hindenburg against the Adani Group, asserting that the regulator has robust internal mechanisms in place to address issues related to conflicts of interest. These mechanisms include a comprehensive disclosure framework and provisions for recusal in cases where potential conflicts may arise. SEBI highlighted that all necessary disclosures regarding securities holdings and transfers have been made by its Chairperson, who has also appropriately recused herself from matters where conflicts of interest could potentially occur.

SEBI assured the public that it has thoroughly investigated the allegations made by Hindenburg Research and found no basis for concern. The regulator reiterated its commitment to maintaining the integrity of India’s capital markets, ensuring their orderly growth and development, and protecting the interests of investors. SEBI continues to monitor the situation closely and remains dedicated to upholding the highest standards of transparency and fairness in the market.