Adani stocks rally as US drops DOJ probe, settles SEC and OFAC cases on group executives

DOJ closed criminal charges while SEC fined Gautam Adani $6M and Sagar Adani $12M; AEL paid $275M to OFAC. Shares of AEL and Adani Green rose 1.81%, with Ports, Power, Energy Solutions and Total Gas also climbing — easing the overseas fundraising overhang on the group's retail-adjacent infrastructure arms.

— Source publishedTue, 19 May, 2026, 14:01 IST·First seen Tue, 19 May, 2026, 14:05 IST·Source The Hindu BusinessLine

What happened

Adani Group · US DOJ dropped criminal charges and SEC/OFAC settled cases against Adani executives, with AEL paying $275M to OFAC. Adani stocks rallied, easing

Key facts

  • AEL +1.81% to ₹2,739
  • Adani Green +1.81% to ₹1,393.05
  • Gautam Adani $6M SEC penalty
  • Sagar Adani $12M SEC penalty
  • $275M OFAC settlement

Why this matters

With DOJ dropped and SEC/OFAC settled for ~$293M total, Adani entities can resume cross-border M&A and dollar bond issuance without the US probe stigma.

Also reported by