Adani Ports & SEZ controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Hindenburg Research allegations concerning the Adani Group
Hindenburg Research alleged stock manipulation and accounting misconduct involving the wider Adani Group. Adani Group rejected the allegations, which generated extensive regulatory, political and market scrutiny. Hindenburg Research published allegations concerning accounting practices, governance and stock manipulation across the Adani Group. Adani Ports was one of the listed companies affected by the ensuing market sell-off and public scrutiny. The Adani Group rejected the allegations and described the report as misleading. The matter concerned the wider group and was not limited to APSEZ’s port operations.
2021
Myanmar port investment controversy
The company's Myanmar port investment drew criticism because of alleged connections between local counterparties and Myanmar's military authorities. APSEZ later announced plans to leave the project.
2013
Environmental compliance findings near Mundra
A government-appointed committee reported destruction and obstruction of creeks and failures to comply with environmental clearance conditions at an APSEZ-related ship-breaking facility near Mundra. The environment ministry subsequently imposed a reported fine.