Adani Enterprises Subsidiary Acquires 100% Stake in Path Highways LLP for ₹91.34 Cr

Adani Enterprises Ltd announced that its wholly-owned subsidiary, Adani Road Transport Limited (ARTL), along with step-down subsidiary Adani GRICL Limited, has acquired a 100% stake in Path Highways LLP (PATH). The acquisition was made from Prakash Asphalting and Tolls Highway (India) Limited and Mrs. Neeti Agarwal for a cash consideration of INR 91.34 crore, subject to closing adjustments. PATH functions as an investment holding vehicle in road infrastructure assets. This acquisition aligns with Adani Enterprises' strategy to expand its presence in the road infrastructure development sector. The deal was completed on August 13, 2026.