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Adani Group entity denies US report of Iran sanctions evasion probe

By Samuel Rubenfeld and Martin Coyle ( June 3, 2025, 19:44 GMT | Insight) -- An Adani Group entity has denied engaging in sanctions evasion following a media report that US investigators have opened a new front in their probe of the Indian conglomerate’s business activities. In a filing to the Indian national stock exchange reviewed by MLex, Adani Enterprises said it was unaware of any investigation by US authorities on the subject, and the report “appears to be based on incorrect assumptions and speculation.”An Adani Group entity has denied engaging in sanctions evasion following a media report saying that US investigators have opened a new front in their probe of the Indian conglomerate’s business activities....

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