Overview

• U.S. authorities indicted Gautam Adani and his nephew Sagar Adani in November 2024, alleging bribery to secure contracts and investor deception.
• Recent meetings between Adani representatives and the Trump administration aim to align the case with the President's priorities, according to sources.
• Discussions, which began earlier this year, have gained momentum in recent weeks, with a resolution potentially achievable in the next month.
• Adani Green’s independent review of the U.S. indictment reported no irregularities, though the DOJ and SEC continue to pursue charges.
• The indictment has caused a $13 billion loss in market value for Adani Group's listed firms, though shares saw a modest rebound following news of intensified talks.