Sebi turns down Adani-linked FPIs' settlement applications
- Posted on August 24, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
India's Securities and Exchange Board has rejected settlement requests from thirteen foreign portfolio investors linked to the Adani Group following a prolonged regulatory investigation. The case, originating from October 2020, emerged after surveillance detected suspicious concentration patterns in their shareholding activities. This decision represents a significant development in Sebi's ongoing scrutiny of potentially coordinated investment strategies and marks a critical juncture in the high-profile regulatory matter.
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Sebi turns down Adani-linked FPIs' settlement applications
The regulator communicated its decision to the FPIs' representatives last week, the people said, reviving a case that dates back to October 2020, when Sebi's surveillance systems first flagged the unusual concentration of their holdings. Sebi's investigation had flagged 13 FPIs. They subsequently sought to settle the case.
