Hindenburg doing character assassination in response to Sebi notice, says Madhabi Buch, denies allegation

Sebi chief Madhabi Puri Buch and her husband Dhaval Buch have dismissed allegations from Hindenburg Research as baseless. They accuse the US-based short-seller of attempting character assassination in response to a show-cause notice issued by Sebi concerning the Adani issue. The Buchs criticize Hindenburg's actions as a retaliatory attempt against the enforcement action taken by the regulator.