Adani Shares Drop as US May Dismiss

• US DOJ reportedly close to dropping criminal fraud charges against Adani Group chairman Gautam Adani this week, per Bloomberg.
• SEC settled related civil lawsuit; Gautam and nephew Sagar Adani agreed to pay $18 million in penalties without admitting wrongdoing.
• Following the reports, Adani Enterprises fell >1% after earlier 3.5% rise, while Adani Power dropped 2.5% and Adani Green slid ~3%.
• The reversal reflects profit‑taking and lingering uncertainty over U.S. investigations into a $265 million bribery scheme tied to Indian solar contracts.