Adani stocks rally up to 3.5% as US DOJ drops bribery charges, group settles OFAC case for $275M
A 19-month legal overhang lifted as the US Department of Justice dropped all criminal charges against Gautam and Sagar Adani. The conglomerate separately settled an OFAC civil sanctions case for $275 million. Listed Adani entities — Enterprises, Green, Power, Ports, Energy and Total Gas — rallied up to 3.5% on the resolution.
What happened
Adani Group · US DOJ dropped all criminal charges against Gautam and Sagar Adani in the alleged bribery case, lifting a 19-month overhang. Adani group stocks
Key facts
- 3.5%
- $275 million
- $265 million
- $18 million
- $10 billion
- 15,000 jobs
Why this matters
Resolution of US criminal exposure and a contained $275M civil settlement reopens Adani's access to global capital markets, partnerships, and cross-border M&A optionality.