US drops Adani criminal charges; group stocks rally up to 3.5%

DOJ dismissed bribery charges against Gautam and Sagar Adani, with the group settling an Iran-LPG sanctions matter for $275M. The resolution lifts a key overhang on Adani Enterprises, Ambuja Cements, ACC and AWL Agri Business — easing fundraising for the conglomerate's retail and consumer arms.

DOJ dismissed bribery charges against Gautam and Sagar Adani, with the group settling an Iran-LPG sanctions matter for $275M. The resolution lifts a key overhan

The Hindu BusinessLine · 5/19/2026, 4:19:55 AM · Ask about this →

Adani Group + Adani Energy Solutions + Adani Enterprises + Adani Green Energy + Adani Ports + Adani Power + Adani Total Gas +