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Congress press conference by Pawan Khera on SEBI chief Madhabi Puri Buch at AICC HQ | Live – The Economic Times Video

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Global Marketing Strategies

Congress’ Pawan Khera attacks SEBI chief Madhabi Puri Buch over irregularities in a press conference at AICC HQ. SEBI is facing criticism from some aggrieved shareholders for its role in the merger between ICICI Bank Ltd. and ICICI Securities, a subsidiary of which the lender owns almost 75%. In June last year, it announced a plan to acquire the rest of the brokerage by offering 67 shares of ICICI for every 100 of ICICI Securities.In an Aug. 10 note, Hindenburg Research drew attention to SEBI chief Madhabi Puri Buch’s past personal investments and her ownership of a consulting outfit to question the watchdog’s objectivity in probing the Adani Group, the target of the short seller’s original January 2023 report. The infrastructure conglomerate, which suffered a $150 billion drop in its market value in the aftermath of the publication, has strenuously denied the short seller’s claims of stock-price manipulation. The group’s …

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