US DoJ Moves to Dismiss Adani Indictment, Calls Own Case 'Catastrophically Flawed'

The US Department of Justice has moved to dismiss securities charges against Adani Group, branding its own indictment a flawed 'name-and-shame' exercise with no realistic trial prospect. The parent-level legal clearance eases reputational and capital-flow pressure across the conglomerate's retail arm.

— Filed Sun, 5 Jul, 2026, 10:59 IST · Source NDTV Profit · Updated

US DOJ moved to dismiss securities charges against Adani Group, calling its own indictment flawed with 'catastrophic flaws' and no realistic trial prospect. Parent-level legal clearance affects the conglomerate's retail arm capital flows and reputation.