Adani Green plunges 11% after TotalEnergies says it will make no new financial contribution

This decision comes amid a US federal indictment against Gautam Adani.

Shares of Adani Green Energy plunged 11.3 per cent on Monday after TotalEnergies SE said it would not make any new financial contributions as part of its investments into the Adani group of companies amid a US federal indictment against the head of the company and his nephew.