Markets regulator Sebi on Friday cleared Pranav Adani, a director in several Adani Group companies and nephew of billionaire Gautam Adani, of allegations that he shared price-sensitive information and violated insider-trading rules.
Apart from Adani, Sebi has cleared the charges of insider trading against his two relatives.
The case centred on whether he had disclosed confidential details about Adani Green Energy's planned acquisition of SB Energy before the information became public.
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