BSE - Delayed Quote • INR Adani Green Energy Limited (ADANIGREEN.BO) Follow Compare 1,078.10 +8.40 +(0.79%) At close: January 17 at 3:56:43 PM GMT+5:30 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations India's Adani Green CEO to step down for new role in group He will be replaced by Ashish Khanna starting April 1, who is the current CEO of the group's international energy business. Amit Singh, who has previously worked as a director at the oilfield services company SLB, was appointed as Adani Green's CEO in May 2023. Trending tickers: Amazon, Disney, ASML, Adani Green Energy and Anglo American The latest investor updates on stocks that are trending on Friday. Gautam Adani faces charges for securities law violations, Adani Green says Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt Practices Act, Adani Green Energy said on Wednesday. US authorities last week accused Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes of $265 million to secure Indian power supply contracts and misleading U.S. investors. The civil case brought by the Securities and Exchange Commission is a parallel case to an indictment against Adani and others by U.S. federal prosecutors. TotalEnergies CEO says pausing Adani business won't impact renewable targets LONDON/PARIS -TotalEnergies can still meet its renewable energy targets without developing any new business with India's Adani Green Energy Limited, the French group's CEO told Reuters, shrugging off the impact of a crisis at its Indian partner. Patrick Pouyanne's comments on the sidelines of an energy conference come after the United States indicted Adani Green Energy's chairman, executive director, former CEO, and five others over an alleged $265 million bribery scheme. TotalEnergies said on Monday it would pause financial contributions to its Adani Group investments until there was more clarity over the case. Factbox-Major fallout for India's Adani Group after U.S. bribery indictment Adani Group has denied all the accusations as "baseless", but its 10 listed entities have lost about $33 billion in market value since the indictment, with Adani Green the hardest hit, losing about $9.7 billion in market value. ** Ratings agency Moody's cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable,' citing the U.S. indictment of Chairman Gautam Adani and others could weaken the group's access to funding and increase its capital costs. Meanwhile, Fitch earlier put some Adani Group bonds on watch for a possible downgrade, also citing the U.S. indictment. Adani Green Energy says no talks on new financial commitment with TotalEnergies TotalEnergies' move was the first major fallout after U.S. authorities last week charged Adani's billionaire chairman, Gautam Adani, and seven other people, with agreeing to pay around $265 million in bribes to Indian government officials. The Adani Group has said the accusations as well as those levelled by the U.S. Securities and Exchange Commission in a parallel civil case are baseless and that it will seek "all possible legal recourse". TotalEnergies' statement will not have any material impact on Adani Green Energy's operations or its growth plan, Adani Green said in a stock exchange filing. TotalEnergies halts new financial contributions to Adani Group The US SEC has summoned Indian billionaire Gautam Adani over allegations of bribery. Adani CFO says US charges linked to only one business contract NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday. On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by U.S. prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. Adani has denied all allegations calling them "baseless". Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part of India's largest solar park to France's TotalEnergies, prosecutors allege in legal documents reviewed by Reuters. TotalEnergies did not immediately respond to a request for comment on Friday on whether it knew the Adanis were being probed by U.S authorities over an alleged bribery and fraud scheme when it bought the Khavda solar stake. U.S. prosecutors on Thursday charged eight people - including Indian tycoon Gautam Adani, his nephew Sagar Adani and the former CEO of Adani Green Energy Limited — with promising and then making improper payments to Indian officials between July 2021 and 2024 to ensure the solar project's success. How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid ever awarded: an agreement to supply 8 gigawatts of electricity to a state-owned power company. Local power companies did not want to pay the prices the state company was offering, jeopardizing the deal, according to U.S. authorities. To save the deal, Adani allegedly decided to bribe local officials to persuade them to buy the electricity. Trending tickers: Nvidia, Adani, Target, Baidu and JD Sports The latest investor updates on stocks that are trending on Thursday. Key events in Gautam Adani's US indictment over alleged bribery scheme Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme in India, plunging his conglomerate deep into crisis for the second time in two years. Gautam, his nephew Sagar Adani, and Adani Green Energy Ltd former CEO Vneet Jaain were charged with violating securities and wire fraud laws, and the Adanis were also charged by the U.S. Securities and Exchange Commission in a civil case. The SEC also charged Cyril Cabanes, an executive of Azure Power Global Ltd, for his alleged role in the scheme. Factbox-Who are the defendants charged in US indictment of Gautam Adani? (Reuters) -U.S. prosecutors have charged Indian billionaire Gautam Adani, founder of a conglomerate named after him, and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India. The authorities said Adani and the other defendants agreed to pay about $265 million in bribes to Indian officials to obtain contracts. The Adani Group denied the charges as baseless and that it would seek "all possible legal recourse". AESL expands renewables infrastructure with Pune-III Transmission The agreement involves establishing substations and a transmission line to deliver 7GW of renewable energy. Vedanta Resources postpones planned dollar bond offering, sources say Vedanta Resources has postponed its planned issue of dollar bonds on concerns that U.S. prosecutors' allegations against Adani group firms could push up borrowing costs for Indian firms, two sources aware of the matter said on Thursday. Earlier in the day, Adani Green withdrew a planned issue of dollar bonds. Vedanta decided to push fund raising plans through the dollar bond route and would likely prefer to wait and watch till the current volatility cools down and borrowing costs are cheaper, said a source aware of the development. Indian Billionaire Gautam Adani Charged in $250 Million Bribery Scheme The Justice Department alleged that he and other executives paid off Indian government officials to secure contracts. Indian tycoon Adani's US indictment rattles stocks; Kenya spikes airport deal Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. The crisis is the second in two years to hit the ports-to-power conglomerate founded by Adani, 62, one of the world's richest people. The fallout was felt immediately, as billions of dollars were wiped off the market value of Adani Group companies and Kenya's president canceled a massive airport project with the group. A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in bribes to government officials, authorities alleged. Tycoon Drives India’s Push Against China’s Solar-Energy Dominance Gautam Adani, the founder of one of India’s biggest business conglomerates, lies at the intersection of the country’s clean energy challenge to China. Adani Green Energy Ltd (BOM:541450) Q2 2025 Earnings Call Highlights: Strong Growth in Revenue ... Adani Green Energy Ltd reports a 20% increase in revenue and operational capacity growth, while navigating challenges in project execution and market volatility. Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX Return ADANIGREEN.BO S&P BSE SENSEX YTD +0.00% -2.08% 1-Year -35.26% +4.77% 3-Year -36.49% +25.15%