SEBI has not given any details or finding until now. SEBI mandates a minimum free float of 25% shares to avoid price manipulation. A limited supply is prone for price rigging by operators and promoters. Seven Foreign Portfolio Investors (FPIs), about whom we don't know anything, hold close to 20% of the 25% free float while LIC holds a lot of the rest. The free float could be between 3-5%. #adani #politics #news #india #adaniports #modi #modisarkar #hindenburgreport #hindenburgresearch
