Shares of key Adani Group companies surged on Tuesday, April 15, following a Wall Street Journal (WSJ) report highlighting a major policy shift in the United States. The Trump administration has scaled back enforcement of certain white-collar crimes, including foreign bribery and public corruption, which could provide significant relief to companies like the Adani Group and others facing legal scrutiny abroad.
According to the report, U.S. President Donald Trump signed an executive order directing the Justice Department to halt prosecution of Americans accused of bribing foreign officials to secure international contracts. This move comes as part of a broader rollback in white-collar crime enforcement, now largely focusing on drug cartels and global criminal syndicates.
The development has positively impacted investor sentiment, with shares of Adani Power climbing 5.10%, Adani Green Energy up 4.15%, Adani Ports gaining 4.29%, Adani Energy Solutions rallying 4.60%, and Adani Enterprises advancing 4.01% during early trade.
The report also cited sources familiar with the matter who claim that Adani’s legal counsel is actively seeking dismissal of U.S. bribery charges against senior executives, calling the allegations “baseless.” Legal observers noted that recent actions by the newly appointed U.S. Attorney in New Jersey to drop similar charges against former Cognizant executives could set a precedent for other cases.
Additionally, Azure Power — which had a build-operate-transfer (BOT) contract with an Adani Group company — is also likely to benefit from the Trump administration’s revised enforcement focus.
This apparent legal reprieve, combined with easing pressure from global regulators, has provided a boost to the overall perception of the Adani Group in the markets, contributing to the sharp rally in stock prices across the conglomerate’s listed firms.
