SEBI final orders issued over Adicorp-related loans to Adani Power

SEBI investigationRegulatory & Legal View source PDF Explain this filing

ADANIPORTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹1430.00

prior close

₹1433.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.4%+1.4% vs market

Port & Port services peers, median of 5sector+1.5%-0.5% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty 100 and 0.5 pts less than its Port & Port services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.3

15m

+0.5

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.4+1.4+1.5-0.5

Next day

+0.6-0.5+1.2-0.8+1.4

+0.1-1.1+1.2+1.5-1.4

-1.5-1.8+0.2+0.4-2.0

-2.7-2.8+0.1-0.5-2.2

-2.7-2.7+0.1+0.4-3.1

-0.5-2.0+1.5+1.0-1.5

15d

-0.3-1.0+0.6-1.4+1.0

+1.7+1.8-0.1-0.9+2.6

+3.9+1.7+2.2-12.4+16.3

+5.4+2.6+2.9-16.4+21.8

UpDownMarket · Nifty 100Sector · Port & Port services peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SEBI issued two final orders dated 18 September 2025 in the Hindenburg-related Adicorp matter. The order covers a detailed investigation and show-cause notices to Adani Ports, Adani Power, Adicorp and the Adani brothers. It concerns 1,282 crore of loans routed through Adicorp to Adani Power from 2012-13 to 2020-21. The text gives allegations and replies but not the final penalty or directions.

Likely market impact

The order signals regulatory action and may weigh on sentiment. Final directions and any penalty amount are not stated here, leaving the financial impact unclear.