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VERIFIEDET Markets·neutral

Sebi clears Gautam, Vinod Adani of MPS norm violation, imposes penalties on others

AI Summary
  • ·Sebi has cleared Gautam Adani and family of MPS violation accusations.
  • ·Penalties of ₹20 lakh each were imposed on two individuals for misinformation.
  • ·Sebi found insufficient evidence linking the Adani family to control of certain foreign investments.
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