Adani Ports Executives Settle SEBI Charges
India market regulator settled disclosure violation charges against the CEO and CFO of Adani Ports. The two executives paid 1.37 million rupees each to resolve the investigation without admitting wrongdoing.
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India's market regulator settled disclosure violation charges against top executives at ADANI PORTS AND SPECIAL ECON for 2.74 million rupees ($14,354.57) each on Thursday afternoon. The settlement resolves an investigation into financial transactions involving PMC Projects. It marks one of 24 cases examined following a short-seller report.
