ALPHA TRIBE

Adani Enterprises LimitedJV/Acquisition, 10-03-2026: Acquisition

10-03-2026 | 05:25 pm

Adani Enterprises' subsidiary, Adani Road Transport Limited (ARTL), has completed the full acquisition of D P Jain TOT Toll Roads Private Limited (DPJ TOT), now holding 100% equity and preference shares. The deal, valued at an enterprise value up to INR 1,342 Cr, significantly strengthens Adani's footprint in the road infrastructure sector. This strategic move ensures full control over a crucial NH-27 toll road concession in Gujarat, aligning with their growth plans in infrastructure development.

No comments yet. Be the first to comment!

All announcements from Adani Enterprises Limited