Adani welcomes India's SC order, says 'truth will prevail'

India's embattled business tycoon Gautam Adani today welcomed the country's Supreme Court's order to set up a panel to probe the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations and tweeted that the "truth will prevail."

"The Adani Group welcomes the order of the Honourable Supreme Court. It will bring finality in a time-bound manner. Truth will prevail," Adani tweeted, reports our New Delhi correspondent.

The top court today ordered the setting up of a six-member committee headed by former apex court judge AM Sapre and said the panel will make an overall assessment of situation, suggest measures to make investors aware and strengthening of existing regulatory measures for stock markets.