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Adani, Sirius ink agreement to create new joint venture

28 Dec 2023 Evaluate

Adani Enterprises (AEL), through its wholly owned subsidiary, Adani Global (Adani) and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), UAE have entered an agreement to create a new joint venture named Sirius Digitech International (Sirius JV), an entity based in Abu Dhabi. Sirius JV will be owned 51% by Sirius and 49% by Adani.   

Sirius JV will capitalize on global digital transformation expertise of Sirius and Adani's strategic insights to focus on leading the $175 billion opportunity in digitalization of the Indian economy. This digital opportunity is rapidly evolving to becoming a $1 Tn market by 2030. Sirius JV will deploy an integrated ecosystem of digital platforms by leveraging the expanding power of artificial intelligence (AI), Internet of Things (IoT) and Secured Blockchain Products across infrastructure industries and extending to areas that include FinTech, HealthTech and GreenTech. 

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


Adani Enterprises Share Price

2511.75 -27.65 (-1.09%)
07-May-2026 16:01 View Price Chart
Peers
Company Name CMP
Redington 224.50
Adani Enterprises 2511.75
Amrapali Industries 18.45
Rashi Peripheral 512.15
PDS 299.45
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