New Delhi, 25 November 2025:
The Adani Group has issued a strong rebuttal to allegations suggesting potential violations of the U.S. Foreign Corrupt Practices Act (FCPA). Responding to media reports, the conglomerate asserted that no member of the group has been charged under the U.S. regulation, dismissing the claims as “baseless, misleading, and intended to create confusion.”
In a firm statement, Chairman Gautam Adani emphasized the group’s adherence to global compliance standards.
“No one from the Adani Group has been charged under FCPA. The allegations are entirely unfounded,” he said.
The company reiterated its commitment to transparent governance, robust internal controls, and full compliance across all jurisdictions where it operates.
Regulators Clear Adani in India
The group also referenced earlier investigations conducted by the Securities and Exchange Board of India (SEBI), which found no evidence supporting claims of stock manipulation—allegations originally brought forward by U.S.-based short-seller Hindenburg Research.
SEBI’s clean chit, combined with the group’s rebuttal of fresh allegations, aims to reinforce investor confidence, especially as Adani continues to expand in renewable energy, green hydrogen, data centres, and infrastructure.
Industry and Investor Reaction
Market watchers believe the company’s clear stance may help stabilise investor sentiment, which occasionally fluctuates due to periodic accusations. Analysts say that recurring allegations—despite repeated regulatory clarifications—create unnecessary noise around an otherwise strong-performing conglomerate.
Background
The Adani Group has been under global media attention since 2023 following the Hindenburg report. Although Indian regulators closed investigations with no major wrongdoing found, newer allegations continue to emerge, particularly relating to international compliance.
Looking Ahead
With both SEBI and the company firmly rejecting the latest claims, Adani Group now aims to regain narrative control and refocus on long-term growth. The company is expected to continue scaling its clean energy and infrastructure portfolio, keeping investor trust as a central priority.