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Akshay Patel

10th Mar · SEBI-Registered Analyst

ADANIENT
has successfully completed the full acquisition of D P Jain TOT Toll Roads Private Limited through its subsidiary ARTL for an enterprise value not exceeding ₹1,342 crore. The transaction involved acquiring the remaining 49% equity stake and 100% optionally convertible redeemable preference shares, making DPJ TOT a wholly owned subsidiary and strengthening Adani's position in Gujarat's toll road operations. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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