Capital markets regulator Sebi has dropped insider trading proceedings against Pranav Vinod Adani, Kunal Dhanpalbhai Shah and Nrupal Dhanpalbhai Shah linked to the Adani Group in a case tied to Adani Green Energy’s 2021 acquisition of SoftBank-backed SB Energy, holding that the trades under scrutiny were executed after the information had already entered the public domain.Sebi disposed of the show cause notice (SCN) issued to said individuals "without issuance of any direction", including any disgorgement or monetary penalty.The case stemmed from Adani Green's disclosure to stock exchanges about share purchase agreements to acquire stakes in SB Energy from SoftBank Group Capital Ltd and Bharti Global. Sebi noted that the announcement was followed by a rise in the company's share price on t

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