Adani Settles US OFAC Sanctions Case for $275M, Lifting Overhang on Retail and Infra Arms

Adani Enterprises has resolved the US OFAC probe into alleged Iranian LPG imports via Mundra Port with a $275 million settlement, following proactive disclosure and cooperation. Combined with the earlier SEC settlement, the deal removes a major legal cloud over the group's retail, ports and energy businesses, clearing the runway for its $17 billion capex plan.

— Source publishedMon, 18 May, 2026, 20:09 IST·First seen Mon, 18 May, 2026, 21:24 IST·Source NDTV Profit

What happened

Adani Group · Adani Enterprises settled US OFAC sanctions case for $275 million over Iranian LPG imports via Mundra Port. Combined with prior SEC settlement,

Key facts

  • $275 million
  • $384 million
  • $18 million
  • $5.3 billion EBITDA H1 FY26
  • $17 billion capex

Why this matters

Cleared sanctions exposure makes Adani retail and infra units viable again as JV partners, financing counterparties, and bolt-on acquirers in the near term.