Last week, Sebi had settled adjudication proceedings against five Adani group companies in Hindenburg-related proceedings against group for Rs 1.5 crore
The meeting comes amid the proposed tunnel road project from Hebbal to Silk Board, for which Adani Enterprises has emerged as the lowest bidder, sources said.
The US District Court for the Eastern District of New York granted the Justice Department's Rule 48(a) motion to dismiss the indictment with prejudice.
According to Forbes, Adani's fortune has grown by nearly $10 billion since last month, when the US DOJ dropped fraud-related charges against the Adani Group.
Court documents show that Gautam Adani agreed to pay civil penalties of $6 million while his nephew agreed to pay $12 million. The proposed settlement doesn't include an admission of guilt.
While the DoJ could effectively move to drop the charges with the defendants out of the country, a resolution to the SEC would likely involve a monetary penalty, sources said.
