Adani Group has agreed to pay USD 275 million to settle alleged U.S. Workplace of International Belongings Management (OFAC) Iran sanctions violations linked to LPG imports by Adani Enterprises. OFAC mentioned the corporate cooperated and made proactive disclosures. The settlement will not be a discovering of guilt and resolves associated civil liabilities.
Enterprise
Adani Group agreed to pay USD 275 million to resolve US allegations linked to Iran sanctions. The U.S. Treasury Division’s Workplace of International Belongings Management, or OFAC, mentioned Adani Enterprises provided robust help through the probe. The settlement closed associated liabilities and didn’t quantity to a guilt discovering. OFAC mentioned the case concerned 32 obvious breaches tied to liquefied petroleum fuel imports.
The difficulty centred on LPG cargoes that entered India by way of the APSEZ-run Mundra port in Gujarat. OFAC mentioned Adani Enterprises purchased LPG from a Dubai-based dealer. The dealer claimed the fuel got here from Oman and Iraq. OFAC mentioned the provides truly originated from Iran, utilizing the Dubai agency as a channel.
Adani Enterprises OFAC settlement over Iran sanctions
OFAC mentioned the purchases ran from November 2023 to June 2025. Not one of the events within the imports had been sanctioned then. OFAC additionally mentioned paperwork given to Adani Enterprises didn’t clearly present an Iranian supply. Nonetheless, OFAC mentioned Adani Enterprises and Adani Ports & SEZ lacked added checks to handle dangers from such dealings.
Beneath OFAC guidelines, the statutory most penalty may have been about USD 384 million. OFAC set the ultimate quantity at USD 275 million. The company pointed to voluntary self-reporting, energetic engagement, and compliance fixes. OFAC additionally mentioned Adani Enterprises gave giant data, answered queries, and disclosed outcomes early.
In a inventory change submitting, AEL mentioned it has entered right into a settlement settlement with OFAC. “Pursuant to the Settlement Settlement, the corporate has undertaken to pay the settlement quantity of USD 275 million to OFAC.” AEL additionally mentioned, “AEL mentioned the settlement is with out admitting the allegations made by OFAC.”
Adani Enterprises OFAC settlement timeline and disclosures
The matter started after Adani self-reported the difficulty to OFAC in 2025. The report adopted the invention of a vessel carrying Iranian-origin LPG at Mundra Port. In February 2026, the corporate disclosed OFAC had sought particulars. The request lined transactions relationship again to June 2023. OFAC assessed if US financial institution channels touched sanctioned Iranian entities.
After public reviews in June 2025, Adani Enterprises suspended all LPG imports. The corporate employed US-based authorized counsel to run a broad assessment of its LPG enterprise. OFAC mentioned Adani Enterprises later improved sanctions controls throughout its company group. The company cited these steps as causes for the lowered settlement quantity.
Adani Enterprises OFAC settlement alongside SEC and DOJ issues
The OFAC case was separate from US probes involving the Justice Division and Securities and Alternate Fee. One other US case additionally closed just lately. Final week, Adani and nephew Sagar agreed to pay USD 18 million. The SEC alleged buyers had been misled whereas elevating funds for the renewables unit. That final result was linked to wider talks, together with a DOJ dismissal and an OFAC civil penalty.
AEL mentioned the settlement determine was beneath the USD 384.2 million most. AEL mentioned OFAC had not issued a penalty discover or Discovering of Violation in 5 years earlier than the offers. AEL additionally mentioned LPG shaped a small share of income. AEL pointed to substantial cooperation, remedial work, and added compliance commitments as key components.
Firm filings confirmed the group saved increasing in infrastructure, logistics, and vitality. Listed entities reported file EBITDA of about USD 5.3 billion within the first half of FY26. Capital expenditure throughout the identical interval was estimated close to USD 17 billion. The group mentioned the mixed closure of DOJ, SEC, and OFAC issues may ease authorized strain after months of scrutiny.
With inputs from PTI
