On November 27, all the shares of Adani Group have seen a rise. In the morning trading session, the shares of flagship company Adani Enterprises, Adani Green Energy, Adani Power, Adani Total Gas, Adani Energy Solutions, Ambuja Cements, Adani Wilmar, Adani Ports and Special Economic Zone and NDTV have increased.
Adani Total Gas shares rise up to 14%
Around 1 pm, Adani Group shares saw a tremendous recovery, Adani Total Gas rose 14% to reach the level of 660. Along with this, shares of Adani Power, Adani Energy Solutions, Adani Green, Adani Enterprises also saw an increase of 8-10%.
Adani Green shares rise by 9.29%
At 11:45 am, Adani Green Energy shares are trading at 982.00 level with a gain of 83.45 points i.e. 9.29%. After opening at the level of Rs 890, this stock has reached the level of 988 in today’s trading so far.
Adani Green Energy gave this statement on bribery allegations
Let us tell you that Adani Group company Adani Green Energy has clarified that Gautam Adani, Sagar Adani and Vineet Jain have not been accused of bribery under the US Foreign Corruption Act. The company says that in the media report, Adani Group officials – Gautam Adani, his nephew Sagar Adani and senior director Vineet Jain were accused of bribery and corruption under the US Foreign Corruption Act (FCPA), which are completely wrong.
After this statement of the company, the trend of investors is positive due to which Adani Group shares are seeing a rise.
Around 9.30 am, Adani Energy Solutions was trading with a gain of 3.77%, Adani Green Energy 2.93%, Adani Power 2.83% at Rs 448.45, Adani Enterprises 2.22%, Adani Total Gas 1 was trading with a gain of 2.29%.
Apart from this, Adani Wilmar was seen trading with a gain of 1.39%, NDTV 1.26%, Adani Ports and Special Economic Zone 0.94%, Ambuja Cements 0.68%, ACC 0.18%.
Gautam Adani, family not charged with bribery in US, media reports false
The company has denied all media reports that Adani Group’s key officials Gautam Adani, Sagar Adani and senior director Vineet Jain are facing charges of bribery and corruption under the US Foreign Corrupt Practices Act (FCPA). Adani Green Energy has said in its statement that the reports published in the media against the group are completely false.
Adani Green Energy has clarified that Gautam Adani, Sagar Adani and Vineet Jain have not been charged with bribery under the US Foreign Corrupt Practices Act. The company stressed that only Azure Power officials and a Canadian investor have been charged with bribery.
The company says that Gautam Adani, Sagar Adani or Vineet Jain are not named in the DoJ’s charges. These three are not named in the charges of “conspiracy to violate the FCPA” and “conspiracy to obstruct justice”.
No Adani Group official named in corruption and bribery
Adani Green Energy said in its statement that the allegations related to corruption and bribery only include the names of Azur Power’s Ranjit Gupta, Cyril Cabance, Saurabh Agarwal, Deepak Malhotra and Rupesh Agarwal and CDPQ (Caisse de dépôt et placement du Québec – Canadian institutional investor and Azur’s largest shareholder). The statement said that no Adani Group official is named in it.
Allegations against Adani Group in the US are an international conspiracy
Political analyst Tehseen Poonawala has said that the allegations against the Adani Group in the US may be part of an international conspiracy. Poonawala said that no evidence has been given regarding the alleged bribery transaction in the indictment presented in the US. He said that Gautam Adani, Vineet Jain and Sagar Adani are not named in this indictment. Poonawala said that there should be no political rhetoric on this issue. This will be in India’s interest. Talking to NDTV, Poonawala said that the ports that Adani Group is acquiring are strategically very important.
Tehseen Poonawala told NDTV that it is a matter of thought that why only Adani Group is being targeted. He said that the ports that Adani Group is acquiring are of great strategic importance. India will benefit from this. He said that targeting the Adani Group could be an international conspiracy. Therefore, you should keep all aspects of this matter in mind. He said that the names of Gautam Adani, Sagar Adani and Vineet Adani are not mentioned in this indictment. Apart from this, no evidence has been given regarding giving bribe. In such a situation, this indictment (charge sheet) has no importance.
Indictment without evidence
He said that the clarification from the Adani Group is very important that Gautam Adani, his nephew (Sagar Adani) and Vineet Jain are not named in this case. This is very important. He said that I have read the indictment (charge sheet) presented in America. It does not even tell how this conspiracy and bribery case is. Apart from this, no document has been given in it as to when and where this alleged bribery case took place. You have to prove that this corruption has happened. It has the name of the former Chief Minister of Andhra Pradesh, but it is not told when and where the corruption took place.
Poonawala said that he does not think that this is a political issue. But if some questions arise then it is the right of the opposition to ask questions. But after the answer of the Adani Group, the matter should end here. Poonawala called it unfortunate that only the Adani Group was targeted from Parliament to the road. He said that when the answer has come, I think industrialists should not be targeted in this way. He said that there are some questions, after getting their answers, this matter should be stopped here. This will be in the interest of India.
What has Adani Green Energy said
In fact, Adani Green Energy (AGEL) gave exchange filing information on Wednesday. It said that there are no charges against Gautam Adani, Sagar Adani and senior executive Vineet Jain under the US Foreign Corrupt Practices Act (FCPA) in the chargesheet of the US Department of Justice (DoJ). The company has said that the news published by various media groups on the allegations of corruption against the officials of Adani Group are also wrong.