ADAG stocks are doing well in a weak market after the CBI said that it doesn't have
evidence of his direct involvement in the structuring of different companies and transfer of funds relating to Swan Telecom.
"The investigation did not reveal any evidence either oral or documentary to inculpate Anil Ambani in the structuring of different companies and transfer of funds," the CBI said in its status report submitted to the Supreme Court on September 29.
ADAG shares had taken a severe beating on Friday amid media reports that the CBI has offered three group executives to turn approvers in the ongoing 2G trial.
Reports had also said that the CBI continues to probe Anil Ambani's alleged role in the controversial Swan Telecom deal.