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Adani Enterprises’ arm acquires additional 70.19% stake in Stark Enterprises

05 Aug 2023 Evaluate

Adani Enterprises’ wholly owned subsidiary -- Adani Digital Labs (ADL) has further acquired 70.19% stake of Stark Enterprises (SEPL) on August 04, 2023. After the aforesaid acquisition, SEPL has become wholly owned subsidiary of the company.  The acquisition is of strategic nature and will help Adani Group to enhance its Travel line of Business.

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

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