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Adani Enterprises acquires 100% stake in SIBIA

28 Dec 2022 Evaluate

Adani Enterprises (AEL) has acquired 100% stake of SIBIA Analytics and Consulting Services (SIBIA) on December 27, 2022. The acquisition is of strategic nature and will help Adani Group to enhance its AI / ML capabilities. Cost of acquisition is Rs 14.80 crore.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.

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