Indian regulator finds Adani offshore investors in disclosure rules violation: report

Indian regulator finds Adani offshore investors in disclosure rules violation: report

Birds rest on the logo of the Securities and Exchange Board of India (SEBI). REUTERS/Shailesh Andrade/Files

India’s markets regulator found a dozen offshore funds invested in Adani group companies were in violation of disclosure rules and in breach of investment limits, two people with direct knowledge of the matter said on Monday.