Are SEBI ‘show cause’ notices to 6 Adani companies part of bigger crackdown?
Such notices are usually a first step in the development of a deeper investigation or potential indictment. The companies concerned now have to respond to SEBI's notices (the details of which are not public), which will then decide whether to take the matter further. Is this the beginning of something big or just another slap on the wrist for the Adani Group?
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https://www.adaniwatch.org/are_please_explain_notices_to_6_adani_companies_part_of_bigger_crackdown