Shiv Sena leader Sanjay Nirupam has stated that recent claims made by US-based short seller Hindenburg Research against SEBI Chairperson Madhabi Buch are part of a plan to disrupt the Indian stock market. He also accused the Congress Party of backing this agenda amid the Hindenburg-Adani-SEBI row.

Nirupam told ANI on Monday that Hindenburg is an American financial company that short-sells in several stock markets. He claimed the Hindenburg-Adani-SEBI row was a plot to undermine India`s economy and added that those who supported Hindenburg intended to damage the Indian economy.