Bombay HC clears Adanis in Rs 388 cror share price rigging case

Monday, 17 March 2025
Bombay HC exonerated Adani Enterprises Ltd, Chairman Gautam Adani, and MD Rajesh Adani from cheating charges involving alleged share price manipulation. The court found no evidence of deception or wrongful loss to a specific victim, refuting SFIO's claims of artificial inflation of Adani scrip leading to gains.

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