Adani completes purchase of DP Jain TOT toll roads
The transaction was confirmed to have been executed at an “arm’s length” basis.
The transaction was confirmed to have been executed at an “arm’s length” basis.
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
Adani Enterprises Limited (AEL) on Sunday announced the launch of its second public issuance of secured, rated and listed redeemable, non-convertible debentures (NCD) worth Rs 1,000 crore.
Adani Enterprises Limited (AEL) has completed the acquisition of an 85.1 per cent stake in Air Works India (Engineering) Pvt Ltd (AWIEPL) through its wholly owned subsidiary, Adani Defence Systems and Technologies Limited (ADSTL), the company announced in a stock exchange filing.
Adani Enterprises Ltd (AEL) on Monday announced that it will exit Adani Wilmar Ltd (AWL) by divesting its entire 44 per cent stake in the joint venture to raise over $2 billion.
Leading brokerage Ventura Securities Ltd has set a bullish target of Rs 3,801 for Adani Enterprises Ltd's (AEL) stock, which is a potential upside of 57.8 per cent over the next 24 months.
Adani Enterprises Ltd (AEL), the flagship company of the diversified Adani Group, on Tuesday, reported an impressive 6.6 times net profit growth at Rs 1,741 crore in the second quarter this fiscal (Q2 FY25), from Rs 228 crore in the year-ago period.
It will create 2,000 direct and 5,000 indirect employment opportunities.
