Adani Enterprises settles US Iran-linked LPG probe for $275M, parent hit ripples to airport retail arm
Adani Enterprises has agreed a $275M OFAC settlement over alleged Iran-linked LPG shipments (Nov 2023-Jun 2025), versus a $384.2M max penalty, without admitting wrongdoing. LPG is <1.5% of FY25 revenue, but the parent-level capital and reputational hit lands on a group that runs India's largest airport retail footprint and growing consumer arms.
Adani Enterprises settled with US Treasury's OFAC for $275 million over alleged Iran-linked LPG imports between Nov 2023-June 2025, without admitting wrongdoing. Parent-level capital and reputational hit relevant to Adani's airport retail and consumer arms.