The SEBI chief, Madhabi Puri Buch, has omitted the Public Accounts Committee meeting scheduled to discuss SEBI's (Security and Exchange Board of India) functioning and performance.
The SEBI and it's chief, Madhbi Puri Buch, came under fire after American research and short-seller think tank Hindenburg accused Madhabu Puri Buch and her husband of having alleged ties with Gautam Adani, chairman of the Adani Group.
VIDEO | Delhi: PAC chairperson K C Venugopal (@kcvenugopalmp) postpones the meeting after SEBI chairperson Madhabi Puri Buch informed the panel in morning that she will not be able to attend the meeting for some pressing reasons. pic.twitter.com/jw8mFLAbXF
— Press Trust of India (@PTI_News) October 24, 2024
The SEBI (Security and Exchange Board of India) is the watchdog for Indian security markets.
This is a developing story; more details to follow.