Adani Enterprises Share Price Falls Over 2%; Responds to WSJ Report and Confirms OFAC Information Request

Adani Enterprises Limited has issued a regulatory disclosure confirming voluntary engagement with the United States Office of Foreign Assets Control (OFAC) following allegations referenced in a Wall Street Journal (WSJ) article dated June 2, 2025. 

Regulatory Disclosure and Background 

The disclosure was made under Regulation 30 of the SEBI Listing Regulations and submitted to stock exchanges on February 10, 2026.  

The company stated that it proactively initiated discussions with OFAC in relation to allegations cited in the Wall Street Journal article published on June 2, 2025. 

Receipt of Request for Information 

As part of the voluntary engagement, Adani Enterprises, through its legal counsel, received a Request for Information from OFAC on February 4, 2026, India time, corresponding to February 3, 2026, United States time. The communication was shared via email and formally disclosed through Form A. 

Read More: Adani Group to Invest ₹70,000 Crore in Vidarbha Across Energy, Logistics and Airport Infra! 

Scope of the OFAC Communication 

The Request for Information indicates that OFAC is conducting a civil investigation into certain transactions processed through United States financial institutions.  

These transactions may have involved, directly or indirectly, Iran or entities subject to United States sanctions. The period referenced in the communication spans from June 2023 to the present. 

Financial Impact and Company Actions 

The company stated that there are no expected financial implications arising from the communication. Liquefied Petroleum Gas operations accounted for 1.46% of the company’s revenue and 0.5% of the Adani Group’s overall revenue in FY 2024 to 2025. As a precautionary measure, the company ceased all LPG imports effective June 2, 2025. 

Compliance Status 

The disclosure clarifies that the communication does not identify any aberrations, non compliances, penalties, restrictions, or sanctions. Adani Enterprises confirmed that it is voluntarily engaging and fully cooperating with OFAC and will provide the requested information. 

Adani Enterprises Share Price Performance  

As of February 10, 2026, at 11:36 AM, Adani Enterprises share price on NSE was trading at ₹2,214.90 down by 1.56% from the previous closing price. 

Conclusion 

The regulatory filing outlines Adani Enterprises’ response to the WSJ article, details the receipt of an OFAC Request for Information, and notes the absence of financial impact or regulatory findings as of the disclosure date. 

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