Indian regulator accuses Adani nephew in insider trading case, he seeks to settle
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
0mins
Source: Reuters
Insider Trading Allegations: Pranav Adani, a director in the Adani group and nephew of its founder, is accused by India's markets regulator (SEBI) of sharing unpublished price-sensitive information regarding Adani Green's acquisition of SB Energy with his brother-in-law, leading to insider trading violations.
Settlement Discussions: Pranav Adani seeks to settle the charges without admitting or denying the allegations, while his relatives contest the claims, asserting that their trades were not based on insider information. The ongoing scrutiny follows previous indictments against Gautam Adani and other executives for alleged bribery and misleading investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
