SEBI settles Hindenburg-related proceedings against 5 Adani Group firms for Rs 1.51 crore

Mumbai, Sep 22 ( UNI) The Securities and Exchange Board of India (SEBI) issued an order here today that it has settled all adjudication proceedings against five Adani Group companies for a one-time total payment of Rs 1.51 crore in a matter involving allegations of related-party transaction (RPT) disclosures and corporate governance issues, which were highlighted in the Hindenburg Report. Under the terms of the settlement, Adani Enterprises paid Rs 76.05 lakh, while Adani Green Energy paid Rs 45.50 lakh, Adani Total Gas, AWL Agri Business and Adani Energy Solutions paid Rs 9.75 lakh each. The total amount paid by…