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flag SEBI accuses Pranav Adani of insider trading, alleging he shared confidential info for profits.

flag India's securities regulator, SEBI, accuses Pranav Adani, a director in Adani Group firms and nephew of founder Gautam Adani, of insider trading by sharing confidential information about a 2021 acquisition before it was public. flag SEBI alleges this led to profits of Rs 9 million for his brother-in-law and his brother. flag Pranav Adani is seeking a settlement without admitting or denying the allegations, while the Shah brothers deny wrongdoing. flag This case adds to the regulatory scrutiny the Adani Group is facing, including U.S. indictments over bribery and misleading investors, which the group denies.

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