Adani Enterprises Limited — JV/Acquisition, 17-02-2026: Acquisition
17-02-2026 | 06:48 pm
17-02-2026 | 06:48 pm
Adani Enterprises' subsidiary Adani Road Transport (ARTL) has acquired a 49% stake in Sree Vishwa Varadhi Private Limited (SVVPL) for INR 96,070. SVVPL is engaged in a major road project in Bihar. This strategic move aligns with ARTL's goal to expand and strengthen its footprint in India's roads sector, specifically through the 'Extension of J.P. Ganga Path' project. This acquisition, done via subscribing to fresh equity shares, enhances Adani's infrastructure portfolio and signals continued growth in its core road transport business.
No comments yet. Be the first to comment!
