SEBI Clears Adani Group Companies of Minimum Public Shareholding Violations

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India's markets regulator SEBI has cleared several Adani Group companies of charges related to minimum public shareholding violations. The clearance applies to Adani Enterprises Ltd, Adani Power Ltd, Adani Ports and Special Economic Zone Ltd, and Adani Transmission Ltd, now rebranded as Adani Energy Solutions Ltd. The directors of these companies have also been absolved in the ruling. The decision marks a significant regulatory relief for the conglomerate, which had faced scrutiny over its shareholding structure.

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