The companies implicated include Adani Enterprises, which serves as the flagship entity of Gautam Adani's business conglomerate, as well as Adani Ports and Special Economic Zone, Adani Wilmar, Adani Energy Solutions, Adani Power, and Adani Total Gas. Each of these companies has publicly disclosed Sebi's inquiries through regulatory filings with stock exchanges. During the quarter ending on March 31, Adani Enterprises disclosed that it had received two show-cause notices. This development coincides with a broader trend within the Adani Group, as the other companies have also reported receiving notices from Sebi.