This bounce-back came after Adani Green Energy Ltd addressed allegations of bribery. The company clarified that neither Gautam Adani nor other officials like Sagar Adani and Vneet Jain had been charged under the US Foreign Corrupt Practices Act (FCPA) by the United States Department of Justice (DOJ) or the US Securities and Exchange Commission (SEC). However, the directors are named in charges related to securities fraud, wire fraud conspiracy, and securities fraud conspiracy, according to the company's statement.