Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

The Adani group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure of its cancellation.

Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest me

The cancellation came after Gautam Adani, the founder and CEO of the multibillion-dollar Indian company Adani, along with seven other executives, were indicted by the Department of Justice (DOJ) in New York on November 20 for allegedly bribing Indian government officials.

Gautam Adanis group denies entering a pact to operate Kenyas main airport, responding to cancellation reports linked to bribery charges.

Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.

Kenyan President William Ruto canceled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after the company’s billionaire founder was charged by the US authorities in a separate bribery scheme.

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

Adani Group denies entering into a binding agreement to operate Kenya's main airport, clarifying on reports of deal cancellation following US bribery charges.

Adani Enterprises has not entered into any binding pact in connection with the airport in Kenya, it said in an exchange filing.