SC emphasized its limited authority to step into SEBI’s regulatory framework. It dismissed calls for SEBI to revoke amendments on FPI and LODR regulations, saying no irregularities were seen

SEBI told to complete investigation in 2 pending cases in 3 months. 22/24 investigations completed. Conflict of interest among the Expert Committee members rejected 

Centre and SEBI directed to investigate any potential legal violations of the Hindenburg report on short selling and take appropriate legal action.

CJI underscored that the power to transfer investigations must be exercised under exceptional circumstances, requiring cogent justifications.

Court expressed scepticism regarding reliance on newspaper reports and third-party organizations to question SEBI, considering them as inputs rather than conclusive proof to doubt SEBI’s role

The verdict “is in favor of Adani Group prima facie,” Kranthi Bathini, equity strategist at WealthMills Securities Pvt, told Bloomberg. While clarity is still needed from SEBI on pending probes, Bathini said the court had reiterated that scathing external reports against the Adani Group were “not triggers for an external investigation.