The Adani Group on Friday said that it was not aware of of any subpoena being issued to investors by authorities in the United States.

It said that its various issuers’ groups remain confident that the disclosures issued by the company are full and complete.

“Adani operates a robust corporate governance framework and is strongly committed to following all laws and regulations in all of its different markets. We strongly reject any suggestion that Adani Group and its businesses have not acted as per the regulations and accounting standards of the jurisdictions in which they operate,” said Adani Group in its statement.

“We are not aware of any such subpoena to investors. Our various issuers groups remain confident that the disclosures are full and complete as disclosed in the relevant issuer offering circulars. We request the media to avoid needless speculation at this time and wait for SEBI and the Hon’ble Supreme Court to complete their work and submit their findings,” it added.

Adani Group stocks are in red territory after the US Attorney’s Office in Brooklyn, New York, has sent inquiries in recent months to investors with large holdings in Adani Group, focused on what the ports-to-power giant told them, reported Bloomberg News on Thursday.

The US Securities and Exchange Commission also has a similar probe underway, Bloomberg reported. The authorities are looking into the representations that Adani made to its American investors following short-seller Hindenburg’s report, it added.