Trading - Minerals
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