The report comes after two other Adani group companies - Adani Transmission and Adani Enterprise - revealed plans to raise up to $2.57 billion from the market.
The capital will be used to finance two data centers in the cities of Chennai and Noida, with an aggregate capacity of 67 megawatts (MW), the company said in a statement.
The group's shares have lost more than $110 billion in value since January when Hindenburg Research alleged it had indulged in stock manipulation & improper use of tax havens.
The rally has led Adani Ports and Special Economic Zone Ltd to briefly recoup all its market capitalisation losses since a damaging report by Hindenburg Research.
The 6-member panel in a report on 6 May also said markets regulator SEBI had ‘drawn a blank’ in investigations into suspected violations by overseas entities allegedly linked to the Adani Group.
Order passed on market regulator’s application seeking six months' extension to complete its investigation into possible lapses in regulatory disclosures by Adani Group.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
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