Could the guardians of India's financial markets themselves be entangled in the very web of intrigue they are meant to oversee? The escalating Hindenburg report row, which began in 2023 with explosive allegations against the Adani Group, has now cast a long shadow over the Securities and Exchange Board of India (SEBI), with accusations of impropriety leveled against its chairperson, Madhabi Puri Buch.
The Adani Group has vehemently refuted these claims, dismissing them as a "red herring" designed to distract from their own robust financial standing. The controversy stems from a new report released by Hindenburg Research, the US-based short-selling firm that previously triggered a massive market upheaval for the Adani Group. This latest report alleges that Madhabi Puri Buch, along with her husband, Dhaval Buch, hold undisclosed stakes in offshore funds that have been linked to the Adani Group's financial operations.
| Category | Information |
|---|---|
| Personal Information | |
| Full Name | Madhabi Puri Buch |
| Spouse | Dhaval Buch |
| Career & Professional Information | |
| Current Role | Chairperson, Securities and Exchange Board of India (SEBI) |
| Previous Roles |
|
| Education |
|
| Key Highlights |
|
| Controversies | Allegations of conflict of interest due to her husband's alleged links with offshore funds tied to the Adani Group, as claimed by the Hindenburg Research report. |
| Reference Link | SEBI Official Website |
- Hdhub4u Is It Safe Legal Streaming Options 2024 Guide
- Is Will Estes Married Wife Rumors Amp Status 2024
