Mumbai, India : India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday cleared Pranav Adani, a director in multiple Adani Group companies, of allegations related to insider trading and the misuse of unpublished price-sensitive information.
In its order dated December 12, 2025, SEBI stated that it found no conclusive evidence to establish that Pranav Adani—nephew of billionaire industrialist Gautam Adani—had shared confidential information or improperly influenced stock market transactions. The investigation was initiated following claims that certain trades were executed using privileged corporate information.
The regulatory clearance comes as a significant relief for the Adani Group, which has faced intense scrutiny from regulators, investors, and global markets in recent years. SEBI’s findings effectively close the chapter on allegations that had raised concerns over corporate governance and compliance within the conglomerate.
Pranav Adani plays a strategic role within the group and has been involved in overseeing operations across key sectors such as ports, energy, logistics, and infrastructure. Market analysts believe the regulator’s decision allows the group’s leadership to shift its focus back toward expansion and long-term growth plans.
