Acquisitions12 Sept 2025, 11:17 am
Adani Enterprises' Subsidiary to Acquire 100% Stake in DPJTOT for INR 1,342 Cr.
AI Summary
Adani Enterprises Ltd announced that its wholly owned subsidiary, Adani Road Transport Limited (ARTL), has signed a Share Purchase Agreement (SPA) with D P Jain TOT Toll Roads Private Limited (DPJTOT), D P Jain & Co Infrastructure Private Limited, and DPJ-DRA Tollways Private Limited to acquire 100% stake in DPJTOT. The transaction is subject to regulatory approvals and customary conditions. The cost of acquisition is not expected to exceed INR 1,342 Cr. as on September 30, 2025.
Key Highlights
- Adani Enterprises' subsidiary, Adani Road Transport Limited (ARTL), to acquire 100% stake in DPJTOT
- Transaction value not expected to exceed INR 1,342 Cr.
- Subject to regulatory approvals and customary conditions
- Acquisition of DPJTOT by ARTL
- Adani Enterprises Ltd is the parent company