Gautam Adani's wealth had declined 21.77 per cent or USD 16.2 billion on Friday. The current net worth of the industrialist was USD 581.1 billion at 1.23 pm (IST) in the afternoon.
According to the plea, it sought an "inquiry to prosecute and register FIR under section 420 and 120-B of IPC read with Section 15HA SEBI Act against the short sellers ( Anderson and his associates in India /USA) for exploiting innocent investors."
Fitch Ratings says there is no "immediate impact" on the ratings of the Adani entities and their securities following a recent report by Hindenburg Research.
The Opposition parties have been demanding the constitution of a Joint Parliamentary Committee on the issue of Hindunberg's report against the Adani Group dubbing it a "scam".
The group entities made scheduled coupon payments on outstanding US dollar-denominated bonds on Thursday, according to Reuters' source with direct knowledge of the conglomerate's strategy.
The total assets under management (AUM) of LIC are over Rs 41.66 lakh as of September 30, 2022. Therefore, LIC's exposure in the Adani group, as of date, is 0.975 per cent at book value.
The Congress later said it will hold nationwide district-level protest on February 6 in front of Life Insurance Corporation Offices and State Bank of India offices.
In Thursday's morning trade, shares of Adani Group's flagship firm, Adani Enterprises, were down 9.80 per cent to Rs 1,929.65 apiece. In five sessions, it has lost more than Rs 1,337.30 or declined over 40 per cent.
The Opposition parties on Thursday demanded a probe into the alleged "economic scam" in connection with the Hindenburg report against Adani Group under the supervision of the Chief Justice of India or a Joint Parliamentary Committee.
Aam Aadmi Party MP Sanjay Singh on Thursday said that he had written a letter to Prime Minister Narendra Modi and demanded to confiscate the passport of industrialist Gautam Adani.