Adani entities apply for settlement in response to Sebi show cause notice

Entities linked to Adani Group have sought a settlement with Sebi over alleged public shareholding norm violations. They filed settlement applications following a show cause notice from Sebi. These actions involve key figures, including Vinod Adani, and four listed companies: Adani Enterprises, Adani Power, Adani Ports, and Adani Energy Solutions. Sebi's investigation dates back to 2020.