Economy
Five Adani Group firms pay Rs 1.5 cr to settle SEBI proceedings

Five Adani Group firms pay Rs 1.5 cr to settle SEBI proceedings

The Indian Express1h
THE BRIEF
1

Five listed Adani Group companies paid a combined ₹1.508 crore to settle SEBI adjudication proceedings regarding disclosure and corporate governance.

2

The settlement order dated September 22 covers Adani Enterprises, Adani Total Gas, AWL Agri Business, Adani Green Energy, and Adani Energy Solutions.

3

The companies settled the case without admitting or denying findings of fact or conclusions of law under a SEBI settlement mechanism.