It adds that the group has always “upheld” and is “steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations”.
The allegations made by the US Department of Justice (DOJ) and the US Securities and Exchange Commission (SEC) against the directors of Adani Green are “baseless and denied”, says a spokesperson in a statement released on Nov 22.
“As stated by the US Department of Justice itself, ‘the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty.’ All possible legal recourse will be sought,” reads the statement.

