India, May 15 -- Gautam Adani is nearing resolution of multiple legal investigations in the United States after the US Securities and Exchange Commission (SEC) settled its civil case linked to disclosures tied to solar energy projects in India.

Court records show Gautam Adani agreed to pay USD 6 million, while his nephew Sagar Adani agreed to pay USD 12 million without admitting or denying wrongdoing.

The settlement comes as the US Department of Justice (DoJ) is reportedly preparing to drop criminal charges against the two businessmen after months of engagement between prosecutors and an expanded legal team led by Robert J Giuffra Jr.

The SEC and DoJ cases, filed in November 2024, alleged that the Adanis were involved in a USD 265 mill...