Adani Group has rejected allegations made by short-seller Hindenburg Research, calling them "malicious, mischievous and manipulative". The conglomerate denied having any commercial relationship with SEBI chief Madhabi Puri Buch or her husband, contradicting Hindenburg's claims of a complex financial structure. Both the Adani Group and the SEBI chief have issued statements denying any wrongdoing.

Source: https://www.wionews.com/india-news/for-a-discredited-short-seller-adani-group-hits-back-over-hindenburg-report-749115