SEBI Flags Insider Trading by Gautam Adani Nephew in NDTV Deal
The Securities and Exchange Board of India (SEBI) accused Pranav Adani, the nephew of Adani Group chairman Gautam Adani, of breaking insider trading rules connected to the takeover of New Delhi Television (NDTV) in 2022. SEBI claims Pranav shared unpublished price-sensitive information (UPSI) about the Adani Group’s open offer for NDTV with his relatives. SEBI