No Major Problem With Sebi's Response to Hindenburg; Cannot Say Sebi Did a Bad Job:
Aug 24, 2024
"I have no major problem" with SEBI's handling of Hindenburg allegations; "I cannot say SEBI did a bad job": former SEBI Chairman, M. Damodaran, to Karan Thapar for The Wire. Speaking specifically to a question whether SEBI did a good job investigating the price ramping of Adani stock before Hindenburg, Mr. Damodaran said: “I cannot say SEBI did a bad job”. but says that this is on the basis of the information that he has before him....Issue revolved round disclosure and recusal. Both these were addressed by the SEBI statment..