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Adani Enterprises acquires 49% stake in Jhar Mining Infra

07 Apr 2022 Evaluate

Adani Enterprises has acquired 24,500 (49%) equity shares of Rs 10 each of Jhar Mining Infra (JMIPL) from ACB (India) on April 05, 2022. With this, JMIPL has become wholly owned subsidiary of the company.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Peers
Company Name CMP
Redington 328.50
Adani Enterprises 2706.00
Amrapali Industries 34.77
Maxgrow India 175.30
Rashi Peripheral 674.15
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