Adani group shares tumble after US SEC seeks to bypass Indian government to serve summons

Adani Energy Solutions

23/01/2026 07:56

Jan 23 (Reuters) - Adani group companies fell between 5% to 10% on Friday after the U.S. Securities and Exchange Commission asked a court for permission to personally email summons to Indian billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme.

The flagship company, Adani Enterprises ADEL.NS fell as much as 9.1% to 1,895.60 rupees.

(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))