Adani group stocks on Monday witnessed a mixed trend on the bourses amid a buzz that the Securities and Exchange Board of India (Sebi) will submit a report to the Supreme Court that will contain a finding that the conglomerate violated disclosure norms with regard to related party transactions.

The development comes after the market regulator submitted a status report to the top court last Friday. The Sebi has been probing whether the Adani group violated certain regulations as alleged by Hindenburg Research in January. The US-based short seller had alleged accounting fraud and stock price manipulation among others.

The buzz about a final report being submitted to the Supreme Court led to the shares of Adani Enterprises ending with a loss of 0.92 per cent and Adani Power by 0.95 per cent.

Among others, while Adani Transmission ended lower by 1.09 per cent on the BSE at Rs 864.95, Adani Wilmar and NDTV fell up to 0.56 per cent.

Sebi said in its status report that it had probed 24 matters, of which 22 are final in nature and two are interim in nature.

It also pointed out that of these 24, 22 are final investigation reports and one interim investigation report has been approved by the competent authority while in the remaining one matter, though the interim findings are approved by the particular authority, it has sought information from external agencies and entities.

It had further disclosed that the probe reports finalised include allegations of manipulation of stock prices, alleged failure to disclose transactions with related parties and possible violation of insider trading in some of the group stocks.

While Sebi officials did not comment on whether it would submit a detailed report to the top court on Tuesday, reports said that a 150-page report from the regulator does not contain any major violation by the Adani group and that the nature of violation unearthed could only lead to a small monetary penalty.