Adani Green Energy Directors Intend to Move to Dismiss SEC Complaint in US Civil Matter

Adani Green Energy Ltd. has provided an update on a civil matter involving its directors, Mr. Gautam Adani and Mr. Sagar Adani, in the United States Securities and Exchange Commission (SEC) brought in the United States District Court for the Eastern District of New York (EDNY). The directors intend to move to dismiss the SEC's complaint by April 30, 2026, and have submitted a pre-motion conference letter with the EDNY judge outlining their grounds for dismissal, including lack of personal jurisdiction, failure to state a claim, and the SEC's claims being impermissibly extraterritorial. The company clarifies that it is not a party to these proceedings and no charges have been brought against it.