Adani Enterprises Says No Disclosure Required On US Regulator Report The clarification was issued after exchanges sought the company's response under a regulation which requires entities to comment on media reports. Read Time: 2 mins Share WhatsApp Facebook Reddit Email Source: X/Adani Group Adani Enterprises on Friday responded to queries raised by BSE Limited and NSE following a Bloomberg report titled "US regulator seeking measures to serve Gautam, Sagar Adani legal summons," stating it is not a party to the legal proceedings and that the matter does not trigger any disclosure requirements under India's listing regulations. Adani Enterprises said it had already addressed similar media queries in a clarification issued on November 21, 2024. "There are no allegations made against the Company in, and the Company is not party to, these proceedings," the company stated in its filing. The company further said that the contents of the press report do not require any disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ALSO READ: Silver Prices Hit $100 For The First Time In International MarketsThe clarification was issued after the stock exchanges sought the company's response under Regulation 30(11), which requires listed entities to comment on media reports that may impact investor perception or warrant disclosure. A media report had cited a Bloomberg story stating that the US Securities and Exchange Commission was seeking court permission to use alternative measures to notify Gautam Adani and Sagar Adani of legal proceedings.
