Adani Enterprises receives information request from US sanctions watchdog OFAC

Adani Enterprises Limited

on Tuesday, February 10, said it has voluntarily engaged with the US Office of Foreign Assets Control (OFAC) and has received a Request for Information (RFI) from the US regulator as part of a civil investigation linked to allegations flagged in a Wall Street Journal article last year.

In an exchange filing, Adani Enterprises said the RFI was received through its counsel on February 4, 2026 (India time), following discussions initiated by the company with OFAC in connection with allegations raised in a Wall Street Journal article published on June 2, 2025.

The company said the RFI indicates that OFAC is conducting a civil investigation into certain transactions processed through US financial institutions that may have involved, directly or indirectly, Iran or entities subject to US sanctions against Iran. The period under review spans from June 2023 to the present.

Adani Enterprises emphasised that the engagement with OFAC is voluntary and part of its effort to cooperate transparently with the US authorities. The company said it will provide the information sought under the RFI and continue to fully cooperate with the regulator.

In its disclosure, Adani Enterprises said there are no findings, penalties, sanctions, or restrictions imposed on the company at this stage. It added that the communication from OFAC does not identify any aberrations or non-compliances.

On the potential financial impact, the company said it does not expect any material implications. LPG formed a “very small and operationally non-material” part of its business, contributing about 1.46% of Adani Enterprises’ revenue and around 0.5% of the Adani Group’s overall revenue in FY25. As a precautionary step, the company said it had already ceased all LPG imports with effect from June 2, 2025.

Adani Enterprises clarified that the disclosure is being made in compliance with Regulation 30 of the SEBI Listing Regulations and requested stock exchanges to take the information on record.