Mumbai, March 10 -- Adani Enterprises Limited informed the stock exchanges today that it has successfully acquired the remaining 49 per cent equity share capital and 100 pc optionally convertible redeemable preference shares of D P Jain TOT Toll Roads Private Limited (DPJ TOT) through its wholly-owned subsidiary Adani Road Transport Limited (ARTL).
The transaction was confirmed to have been executed at an "arm's length" basis. The consideration for the balance shares was paid in cash, based on an enterprise value not exceeding Rs 1,342 crore as of September 30, 2025, subject to closing adjustments. The company has formally notified the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) about the transaction under Regula...