Adani Group faces fresh allegations of stock manipulation through opaque offshore funds

Adani Group shares fell after report alleged secret investments by associates via Mauritius funds
Two key investors used opaque structures to hide involvement in controlling up to 14% of public shares
The investors have long-standing business ties with Adani family and served as directors in group firms
Adani denies allegations, saying they relate to old cases, but markets regulator is investigating
Regulator examining offshore funds named in report that may have violated ownership rules