Adani Green Energy share price: Adani Green Energy shares fall 8% after Co. says no new financial commitment under discussion with TotalEnergies
Adani Green Energy shares dropped nearly 8% to a 52-week low of Rs 893 in Tuesday’s trading session on the BSE, after the company clarified that there were no new financial commitments under discussion with TotalEnergies.
This statement came a day after the France-based company on Monday had said that it will not make any new financial contribution as part of its investments into the Adani Group companies till further notice, on the back of the US charges imposed on Gautam Adani and his nephew Sagar Adani.
The Indian tycoon is under fire from the US Securities and Exchange Commission for allegedly defrauding American investors and bribing officials. In the indictment, the US agency has also named several states including Odisha, Andhra…
