Indian Market Regulator Chief Denies Conflict of Interest Allegations

Madhabi Puri Buch, the head of India's market regulator SEBI, stated compliance with all disclosure and recusal guidelines amid criticism from Hindenburg Research and opposition political parties over alleged conflicts of interest in investigations related to the Adani Group and other entities.

Madhabi Puri Buch, the chief of India's market watchdog SEBI, has publicly affirmed her adherence to all disclosure and recusal guidelines set by the agency.

This statement comes in response to sharp criticism from Hindenburg Research and opposition parties, who have accused her of conflicts of interest.

The allegations pertain to ongoing investigations involving the Adani Group and other corporations.

(With inputs from agencies.)