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India's market regulator on Monday allowed Adani Group Chairman Gautam Adani and four group companies to settle regulatory lapses related to a 25% minimum public shareholding requirement.The Securities and Exchange Board of India (SEBI) said the four Adani companies and 14 company directors, includ…
The companies and 14 directors settled proceedings by paying a total of 14.82 million rupees, Sebi said.
SEBI said the companies and 14 directors settled proceedings tied to a 25% minimum public shareholding requirement.
India's market regulator on Monday allowed four Adani Group companies to settle regulatory lapses related to a 25% minimum public shareholding requirement.SEBI said the four Adani companies and 14 company directors settled the proceedings by paying a total of 14.82 million rupees ($154,403.15).($1…