Acquisitions17 Feb 2026, 06:51 pm
Adani Enterprises Subsidiary Acquires 49% Stake in Sree Vishwa Varadhi Private Limited for INR 96,070
AI Summary
Adani Enterprises Ltd. has announced that its wholly owned subsidiary, Adani Road Transport Limited (ARTL), has completed the acquisition of a 49% stake in Sree Vishwa Varadhi Private Limited (SVVPL). The acquisition was made by subscribing to fresh equity shares in SVVPL on 17th February, 2026. The cost of acquisition was INR 96,070, which was the price for 9,607 shares issued at par. SVVPL was incorporated in 2025 to undertake a project awarded by Bihar State Road Development Corporation Limited (BSRDCL) and has a strategic alignment with ARTL's goal of expanding and strengthening its presence in the Roads sector.
Key Highlights
- Adani Enterprises' subsidiary, Adani Road Transport Limited (ARTL), acquires 49% stake in Sree Vishwa Varadhi Private Limited (SVVPL)
- The acquisition was made by subscribing to fresh equity shares in SVVPL for INR 96,070
- SVVPL was incorporated in 2025 to undertake a project awarded by Bihar State Road Development Corporation Limited (BSRDCL)
- The acquisition aligns with ARTL’s strategic goal of expanding and strengthening its presence in the Roads sector
- The transaction is approved by Bihar State Road Development Corporation Limited