India's top market regulator, Madhabi Puri Buch, stated on Sunday that all necessary disclosure and recusal protocols were meticulously adhered to, addressing accusations from U.S.-based Hindenburg Research. Buch, the chair of the Securities and Exchange Board of India (SEBI), clarified that investments mentioned in the Hindenburg report were conducted in a private capacity in 2015, two years prior to her appointment at SEBI.
Previously on Saturday, Buch had dismissed the allegations in the report as unfounded.
