US federal prosecutors have accused Gautam Adani of bribing Indian government officials to buy electricity from Adani Green Energy

Adani group stocks traded mixed on Wednesday after a Reuters report said the U.S. SEC sought India’s help in its fraud probe against Gautam and Sagar Adani. While some stocks fell, others saw modest gains.

As the US SEC continues with the probe against Adani Group for the alleged bribery and seeks Indian government's intervention in the matter, shares of the Adani Group traded mixed.

The U.S. SEC is seeking help from Indian authorities to serve complaints to Adani Group founder Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme.

The US Securities and Exchange Commission (SEC) on Tuesday has sought assistance from Indian authorities in its investigation into Adani Group chairman Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme,

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The US Securities and Exchange Commission (US SEC) has sought assistance from Indian authorities in serving its complaint to Adani Group founder Gautam Adani and his nephew Sagar Adani.