Adani chairman confirms SEBI clearance, highlights robust growth
Adani Enterprises Limited announced today that the Securities and Exchange Board of India (SEBI) has dismissed allegations against the Adani Group, with chairman Gautam S. Adani stating that "truth has prevailed." This follows a period that tested the company's resilience and governance. Adani emphasized that the challenges have strengthened the company's foundations and validated its transparency and purpose.
The company reported significant financial growth, with portfolio EBITDA increasing from ₹57,205 Cr in FY23 to ₹89,806 Cr in FY25, marking a 57% absolute growth and a two-year CAGR of 25%. Asset expansion was also substantial, with gross block growing from ₹4,12,318 Cr in FY23 to ₹6,09,133 Cr in FY25, an addition of nearly ₹2 lakh Cr, representing a 48% rise over two years.
Adani highlighted several transformative projects completed, including India's first container transshipment port at Vizhinjam, the addition of 6 GW of renewable capacity (including the Khavda project), commissioning the world's largest copper smelter, and expanding its energy network with 7,000 circuit kms of transmission lines and 4 GW of new thermal capacity. The company pledges to further strengthen governance, accelerate innovation and sustainability, and double down on nation-building infrastructure investments.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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