Adani Enterprises Completes Acquisition of Portus Ventures

Key Highlights • Wholly owned step-down subsidiary Adani Airport City has completed the acquisition of 100% equity share capital of Portus Ventures • Transaction was completed on June 10, 2026 • Acquisition was executed in accordance with the Share Purchase Agreement signed on June 8, 2026 Post-Acquisition Structure • Portus Ventures has become a wholly owned subsidiary of Adani Airport City Limited • Adani Airport City Limited remains a wholly owned step-down subsidiary of Adani Enterprises What It Means • Strengthens Adani's airport ecosystem and related infrastructure platform • Simplifies ownership structure through full control of the acquired entity • Could support future airport city, commercial real estate, or infrastructure development initiatives depending on the strategic role of the acquired company Learning Outcome Corporate acquisitions are often used to consolidate ownership, streamline operations, and create strategic flexibility for future expansion projects. $ADANIENT