Adani Enterprises (ADANIENT) — Announcement

📢 Key Event
ARTL acquires 99.99% stake in Path Highways LLP

🔄 What Changed
ARTL now holds 99.99% of MRRL, SKRL and BPRL

💡 Investor Takeaway
The acquisition strengthens Adani's road infrastructure portfolio with no immediate financial strain.

Adani Enterprises announced that its wholly owned subsidiary ARTL acquired 99.99% of Path Highways LLP from two sellers for INR 91.34 crore, completing the transaction on August 13, 2026. This move consolidates road infrastructure assets under ARTL and aligns with the company's expansion strategy in the sector.

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About Adani Enterprises Limited (ADANIENT)

Services · Trading · Listed on NSE

Market Cap: ₹3,95,422.37 Cr P/E: 45.3 ROE: 9.1% ROCE: 10.9% Div Yield: 0.04%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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