Sunday , November 24 2024

Whose turn is next after Adani? Hindenburg is preparing for a big reveal

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Hindenburg: American short seller Hindenburg has shaken the whole world by exposing the corruption of Gautam Adani and his companies. Now Hindenburg is going to make another revelation.

Hindenburg warned on X that something big is going to happen in India. Hindenburg Research had published a report on Adani Group last year, after which there was a big fall in the shares of Gautam Adani's company.

Hindenburg Research wrote in its post that something big is going to happen in India soon. Now with this post it is being claimed that Hindenburg Research is once again going to make a big disclosure about an Indian company.

Hindenburg Research had made several serious allegations against Gautam Adani's Adani Group in its report in January 2023. After the release of this report, Gautam Adani dropped from the world's number 2 billionaire to number 36. After this, Gautam Adani's wealth saw a huge decline.

The Securities Exchange Board of India (SEBI) has revealed new developments in the Adani-Hindenburg case, exposing links between US firm Hindenburg Research and New York hedge fund manager Mark Kingdon.

According to Sebi, Hindenburg shared an advance copy of its report on the Adani Group with Kingdon about two months before the public release, thereby making substantial profits through strategic trading.