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The latest announcement is out from Adani Green Energy Limited ( (IN:ADANIGREEN) ).
Adani Green Energy Limited has clarified that a recent procedural order issued by a U.S. court in connection with the U.S. Securities and Exchange Commission’s civil case against Gautam Adani and Sagar Adani does not involve the company itself. The company reiterated that it is not a party to these legal proceedings and that no charges have been brought against it, signaling to investors and other stakeholders that its operations and regulatory standing remain unaffected by this development.
More about Adani Green Energy Limited
Adani Green Energy Limited is an India-based renewable energy company focused on developing, owning and operating utility-scale solar and wind power projects. It is part of the Adani Group and is listed on Indian stock exchanges, catering to the country’s growing demand for clean and sustainable electricity generation.
Average Trading Volume: 277,896
Technical Sentiment Signal: Sell
Current Market Cap: 1355.3B INR
For a thorough assessment of ADANIGREEN stock, go to TipRanks’ Stock Analysis page.