Adani Enterprises Subsidiary Divests Stake in Vishakha Industries Private Limited
Adani Enterprises Limited announced that its wholly-owned subsidiary, Adani Agri Fresh Limited (AAFL), has divested its entire 50% stake in Vishakha Industries Private Limited (VIPL) on March 31, 2026. Consequently, VIPL is no longer considered an associate of AAFL.The transaction was completed on March 31, 2026, with AAFL receiving a consideration of Rs. 13.27 crore for the sale of 146,685 shares. The buyer, Adani Properties Private Limited (APPL), is affiliated with the promoter and promoter group of Adani Enterprises Limited and will now hold a 50% stake in VIPL. The transaction was conducted at arm's length.
Financial details related to VIPL for the fiscal year ended March 31, 2025, are presented below:
| Particulars | Details |
|---|---|
| Revenue from Operations | Rs. 71.29 Lakhs |
| Net Worth | Rs. 544.20 Lakhs |
The transaction does not involve a slump sale or require compliance with Regulation 37A of the Listing Obligations and Disclosure Requirements (LODR) Regulations.
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