
Investment31 March 2026 at 05:44 pm
Adani Enterprises' Subsidiary, Adani Agri Fresh, Divests Entire Stake in Associate Company Vishakha Industries
AI Summary
Adani Agri Fresh Limited (AAFL), a wholly owned subsidiary of Adani Enterprises Ltd, has divested its entire 50% stake in Vishakha Industries Private Limited (VIPL). The transaction was completed on March 31, 2026, with AAFL receiving a consideration of Rs. 13.27 Cr for the sale of its 50% stake (1,46,685 shares) in VIPL. Post-transaction, Adani Properties Private Limited (APPL), which belongs to the promoter and promoter group of Adani Enterprises Limited, now holds 50% stake in VIPL. The transaction has been undertaken at arm's length basis.
Key Highlights
- Adani Agri Fresh Limited (AAFL) has divested its entire 50% stake in Vishakha Industries Private Limited (VIPL)
- The transaction was completed on March 31, 2026, with AAFL receiving a consideration of Rs. 13.27 Cr for the sale of its 50% stake
- Adani Properties Private Limited (APPL), a promoter group company, now holds 50% stake in VIPL
- The transaction has been undertaken at arm's length basis
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