The U.S. Securities and Exchange Commission stated that Gautam Adani will pay a $6 million civil penalty, and Sagar Adani (the former's nephew) will pay a $12 million civil penalty. Neither defendant admitted or denied any wrongdoing.

2026-05-15

The U.S. Securities and Exchange Commission stated that Gautam Adani will pay a $6 million civil penalty, and Sagar Adani (the former's nephew) will pay a $12 million civil penalty. Neither defendant admitted or denied any wrongdoing.