MUMBAI: With the spotlight being beamed on the Adani group courtesy the criminal indictment and civil complaint by the US department of justice and the Securities and Exchange Commision in a US court against Gautam Adani and two other board members of Adani Green, the Bombay stock exchange reached out to group company NDTV India querying it about the development.

NDTV responded by clarifying that no allegations have been made against it  (NDTV), It also cited the media release issued by the Adani group quoting a spokesperson that  “the allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. As stated by the US Department of Justice itself, the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty. All possible legal recourse will be sought.”

“Adani Group has always upheld and is steadfastly committed to maintaining the highest standards of governance, transparency and regulatory compliance across all jurisdictions of its operations. We assure our stakeholders, partners and employees that we are a law-abiding organisation, fully compliant with all laws.”

The NDTV stock appeared to be unaffected by all the allegations as it fell just 0.65 per cent to Rs 168.25 at trading day's end.