MoneyWorks4Me

Adani Enterprises’ arm acquires 29.81% stake in Stark Enterprises

08 Jul 2023 Evaluate

Adani Enterprises’ (AEL) wholly owned subsidiary -- Adani Digital Labs (ADL) has acquired 29.81% stake of Stark Enterprises (SEPL) on July 7, 2023. The acquisition is of strategic nature and will help Adani Group to enhance its Travel line of Business. The cost of acquisition is Rs 3.57 crore. 

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


Peers