In a significant development, the US Department of Justice (DOJ) has filed a motion seeking dismissal with prejudice of all charges against Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain in the criminal indictment (No. 24-CR-433) filed before the US Eastern District NY Court. The court has since dismissed the indictment, effectively barring any further prosecution.
Dismissal of All Charges by US DOJ
Adani Green Energy Limited has announced a critical update regarding the criminal indictment (No. 24-CR-433) filed in the United States District Court for the Eastern District of New York. The US Department of Justice (DOJ) has formally filed a motion to dismiss all charges with prejudice against Mr. Gautam S. Adani, Mr. Sagar R. Adani, and Mr. Vneet S. Jaain, as well as other third-party individuals included in the indictment.
Court Order and Implications
The DOJ’s motion sought a complete dismissal that bars any future prosecution related to the allegations. Following the DOJ’s review and decision, the US Eastern District NY Court has dismissed the indictment with prejudice. This order, dated August 10, 2026, signifies a conclusive end to the case against the named individuals, removing significant legal and reputational concerns.
Company Position
The company reiterated that it was not a party to this proceeding and faced no charges. This update serves as a follow-up to previous intimations and clarifications provided to regulatory bodies and stakeholders. The dismissal with prejudice means the case cannot be re-opened, providing finality to the matter.
Source: BSE
