Senior lawyers Mukul Rohatgi and Mahesh Jethmalani addressed the media, asserting that the allegations against the Adani Group lack credible evidence and specific details. On Wednesday, Mukul Rohatgi,

Adani Group shares are set to draw attention on Wednesday, November 27, following Adani Green Energy's clarification that Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged with FCPA violations by the US DOJ or SEC.

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

Shares of Adani Green Energy and other Adani group stocks such as Adani Power , Adani Energy Solutions and Adani Enterprises rallied after being hammered for the past few days after the group clarified that there are no bribery charges against Gautam Adani and other top group executives.

Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt Practices Act,

Gautam Adani and seven others are accused of bribing Indian officials with USD 265 million to secure solar energy contracts.

The Adani Green Energy on Wednesday issued clarification saying its founder Gautam Adani, Sagar Adani and senior executive Vneet Jaain are clear of all bribery charges as per the US Department of Justice.