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Adani-Hindenburg row: Supreme Court for expert panel on investors' safety

Seeks Sebi's response on regulatory framework modification

Supreme Court
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Supreme Court

Bhavini Mishra New Delhi
The Supreme Court on Friday asked the Securities and Exchange Board of India (Sebi) to respond by Monday on measures that can be taken to protect Indian investors from instances like the slump in Adani group stocks after a critical report by the American short-seller Hindenburg Research.

A Bench, comprising Chief Justice of India (CJI) D Y Chandrachud and Justices P S Narasimha and J B Pardiwala, asked the markets regulator to give a detailed response on how a strong framework can be put in place to prevent such instances. “It is said the total loss by Indian investors is several