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SEBI Holds Adani Wilmar IPO Due to Investigation Against Adani Enterprises

SEBI Holds Adani Wilmar IPO Due to Investigation Against Adani Enterprises

by | Aug 23, 2021 | 1:34 pm | News

Synopsis: The 4,500-crore Adani Wilmar IPO has been "kept in abeyance" by the market regulator due to an investigation into Adani Enterprises, which is being scrutinised for foreign portfolio interests. Due to an investigation ongoing against the flagship entity of ports-to-energy conglomerate Adani Group, market regulator Securities and Exchange Board of India (SEBI) has put [...]
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