Gautam Adani and Sagar Adani have agreed to pay civil penalties of $6 million and $12 million, respectively, to settle charges brought by the US Securities and Exchange Commission (SEC) over alleged misleading disclosures linked to a 2021 bond offering by Adani Green Energy.

The US Justice Department is reportedly also moving to drop fraud charges against Adani in a parallel criminal case. Read more at straitstimes.com. Read more at straitstimes.com.

The US Justice Department is also moving to drop fraud charges against Adani in a parallel criminal case