Hindenburg Research has accused SEBI Chairperson Madhabi Puri Buch and her husband of having investments in offshore funds connected to the Adani Group, raising concerns about a potential conflict of interest. The allegations, made in a new report published on August 10, come after the firm’s previous report in January 2023 that accused the Adani Group of financial irregularities. The SEBI Chairperson and her husband have denied the allegations, calling them ‘character assassination’.