Adani Green Energy settles SEBI proceedings for ₹45.5 Lakhs

Adani Green Energy Limited has received a Settlement Order from the Securities and Exchange Board of India (SEBI) concerning settlement applications filed under SEBI (Settlement Proceedings) Regulations, 2018. The company proposed to settle proceedings initiated against it for alleged violation of Regulation 33(1)(d) of SEBI Listing Regulations without admitting or denying findings. The settlement amount is INR 45,50,000, which is stated to have no material financial impact on the company. The settlement pertains to alleged violations of listing agreement clauses.