MoneyWorks4Me

Adani Enterprises’ arm inks pact to acquire 100% stake in Stark Enterprises

17 Jun 2023 Evaluate

Adani Enterprises’ wholly owned subsidiary -- Adani Digital Labs (ADL) has signed a Share Purchase Agreement (SPA) in relation to its proposed acquisition of 100% stake in Stark Enterprises (SEP), also known as Trainman, an online train booking and information platform. The SPA records the terms of agreement with respect to acquisition of 100% equity shares of SEPL.

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

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