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"Truth will prevail": Gautam Adani reacts to SC order on Adani-Hindenburg issue

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Gautam Adani Supreme Court

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New Delhi: Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail.

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Shortly after a bench headed by Chief Justice D Y Chandrachud passed the order, Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time-bound manner. The truth will prevail."

The Supreme Court on Thursday asked markets regulator Sebi to complete an investigation into US short-seller Hindenburg's allegations against Adani Group within two months.

Also read: Adani issue: SC directs SEBI to conduct investigation; constitutes expert committee

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It also ordered constituting of an expert committee to review regulatory mechanisms in view of the rout in share prices of Adani group firms triggered by the Hindenburg allegations.

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