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Adani Green Energy

Gautam Adani, his nephew Sagar Adani, and a senior executive have been charged with securities fraud violations but not with breaching the US FCPA.

The Adani Group has reported strong growth for H1 FY25, posting a 25.5% increase in EBITDA, adjusted for one-time prior period incomes.

After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements and ACC Ltd, rebounded strongly on Friday.

The Adani Group has rejected recent bribery allegations from the US DOJ and SEC, calling them baseless and unfounded.

Adani Green Energy Ltd (AGEL) has achieved 41% CAGR in renewable energy capacity over the past five years, according to Emkay Global’s report.

The company's total revenue grew by 24% to ₹2,528 crore, driven mainly by the addition of 2,618 MW of capacity over the past year

The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.

AGEL delivered 1,000 MW in less than 12 months of commencing work at Khavda. This involved installing approximately 2.4 million solar modules.

The Fundraising of $3.5 billion is likely to be completed in September quarter will go to fund the capital expenditure of the group.

Leading bourses NSE and BSE are considering moving Adani Green Energy under the second stage of the long-term Additional Surveillance Framework (ASM) framework from today.