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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.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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