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All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

Adani group stocks today: After the US Department of Justice withdrew all criminal allegations against billionaire Gautam Adani and his nephew Sagar Adani, shares of Adani group rallied on Tuesday. Stocks of several Adani Group firms, including Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

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domenica 17 maggio 2026·businessdailyafrica.com
US to drop bribery case against India’s Gautam Adani
The US Justice Department is close to dropping criminal fraud charges against Mr Adani.
lunedì 18 maggio 2026·forbes.com
Billionaire Gautam Adani’s Fraud Charges Dropped By Justice Department
Prosecutors said they would not “devote further resources” to the case against the Indian billionaire.

All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

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