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Sohrab Shaikh (SEBI RA)

18th Feb · SEBI-Registered Analyst

Adani Enterprises’ arm acquires 49% stake in Sree Vishwa Varadhi

Adani Enterprises’ wholly owned subsidiary -- Adani Road Transport (ARTL) has completed the acquisition of 49% shareholding of Sree Vishwa Varadhi (SVVPL) on February 17, 2026, by way of subscription to fresh equity shares in SVVPL. The acquisition aligns with ARTL’s strategic goal of expanding and strengthening its presence in the Roads sector. Earlier, the company’s joint venture (JV) -- AdaniConneX (ACX) had incorporated a wholly owned step-down subsidiary namely Navi Mumbai Power Transmission (NMPTL). Adani Enterprises, the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

ADANIENT

#Miscellaneous#PsychologyofMoney#MacroViews
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