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Search Begins for Next Sebi Chief, Extension for Buch Possible

  • Government has initiated the search for the next chairperson of Securities Exchange Board of India (Sebi).
  • Current chairperson Madhabi Puri Buch's tenure ends on February 28, 2025.
  • Possibility of Buch getting an extension cannot be ruled out.
  • Premature termination of Buch as Sebi chief has been ruled out.
  • Buch is facing allegations regarding her investments in offshore funds linked to the Adani Group.

Source: Moneycontrol

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Sebi Chief Madhabi Puri Buch Responds to Hindenburg Allegations

  • Sebi chief Madhabi Puri Buch and her husband Dhaval have issued a detailed statement addressing allegations made by Hindenburg Research.
  • The Buchs clarified that their investment in a fund promoted by IIFL Wealth Management was made...
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