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* The settlement relates to an investigation into banking transactions and inter-corporate security deposits involving PMC Projects (India) Private Limited, Adani Ports and Special Economic Zone Ltd (APSEZ), and the port operator's subsidiaries. * Securities and Exchange Board of India (SEBI) said it had sent notices to two key management personnel in 2023 for alleged violations of its rules, which require CEOs and CFOs to certify the accuracy of financial statements and maintain adequate internal controls. * This case was one of the 24 cases that were being examined by SEBI following allegations by short-seller Hindenburg in January 2023 that the Gautam Adani-led group manipulated its share prices through the use of tax havens. The group has denied these allegations. * Hindenburg, in its report, had also alleged that PMC Projects was an undisclosed related party and its transactions with listed Adani entities should have faced shareholder scrutiny. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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