Their six-page rebuttal offers detailed clarifications, addressing the "malicious campaign", particularly regarding Dhaval's consulting assignments and Madhabi's tenure at SEBI as the chairperson.
Investors and partners, both domestic and international, must be rest assured that India's financial system is secure and transparent, says AMFI in a statement.
Responding to Hindenburg's latest allegations, the Gujarat-based conglomerate termed them as “malicious, “mischievous” and “manipulative”.
Hindenburg Research against whom SEBI has taken an Enforcement action and issued a show cause notice has chosen to attempt character assassination in response to the same, says Madhabi Puri Buch.
SEBI in January 2022 had shortened the settlement cycle to T+1 from traditional T+2, making it the world’s first watchdog to implement such a rule
In the not-very-far future, India will have a mechanism that will facilitate instantaneous settlements on the stock exchange, says Madhabi Puri Buch
