Madhabi’s response raises new critical questions: Hindenburg Research

Hindenburg Research responded to Madhabi Puri Buch and Dhaval Buch’s release, which called their previous report character assassination. Hindenburg highlighted critical questions and admissions, including an email Buch sent in 2018 on behalf of her husband. They questioned Buch’s investments through her husband while serving as a SEBI member and noted Buch’s connection to a fund linked to Vinod Adani.