Adani Green Updates on US SEC Settlement Filing

Adani Green Energy provides a regulatory update on the US SEC's civil complaint against its promoters, Mr. Gautam Adani and Mr. Sagar Adani.
The US SEC and the Adani promoters have jointly filed a request for a consent-based final judgment, proposing civil penalties of USD 12 million and USD 6 million respectively.
The company reiterates that it is not a party to the US court proceedings and that no charges have been brought against it.
The final judgment from the US Eastern District Court of New York is now awaited to conclude the matter.