India, June 2 -- Adani Group on Monday vehemently denied claims that its companies imported Iranian liquefied petroleum gas through its Mundra port in Gujarat, dismissing a Wall Street Journal report as "baseless and mischievous."
The report suggested U.S. prosecutors were probing whether Adani entities facilitated sanctioned Iranian LPG shipments. In a statement to stock exchanges, Adani emphasized that it neither handles cargo originating from Iran nor oversees vessels under the Iranian flag at any of its ports.
"Any insinuation that Adani Group entities knowingly violated U.S. sanctions on Iran is categorically false and defamatory," the conglomerate declared, reserving the right to take legal action to protect its reputation. The grou...