The Supreme Court has dismissed a plea seeking a review of its decision to decline the formation of a Special Investigation Team (SIT) to investigate allegations of stock price manipulation in the Adani-Hindenburg issue.

A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra rejected the review plea filed by Anamika Jaiswal, one of the original petitioners. The bench concluded that there was "no error apparent on the face of the record."

In its order dated May 8, which was uploaded on Monday, the bench stated, "The review petition is, therefore, dismissed."

The Supreme Court had previously refused to interfere with the Securities and Exchange Board of India's (Sebi) investigation into the Adani-Hindenburg case on June 3. The court's verdict indicated that there was "no ground to transfer the investigation from SEBI to SIT," and that the report by the Organized Crime and Corruption Reporting Project (OCCRP) could not serve as a basis for questioning the Sebi report.

Anamika Jaiswal had filed the review petition on February 13, arguing that there were "apparent errors" in the Supreme Court's earlier order denying the formation of an SIT. The petition alleged that the Adani Group's promoters engaged in market manipulation through offshore entities, constituting a "massive fraud."

The plea also criticized Sebi for regulatory failures, claiming these lapses contributed to alleged statutory violations and regulatory contraventions.