Adani Enterprises’ arm acquires 49% stake in UAE based entity Sirius Digitech

10 May 2024 Evaluate

Adani Enterprises’ wholly owned subsidiary -- Adani Global, Mauritius has executed a Share Purchase and Shareholders’ Agreement pursuant to which Adani Global has acquired 49% stake in a UAE based entity named Sirius Digitech from Sirius International Holding on May 6, 2024. Cost of acquisition is $24,500.

The target entity (Sirius Digitech) shall engage in the business of deploying an integrated ecosystem of digital platforms and identified technology solutions, leveraging inter alia, artificial intelligence, machine learning, internet of things, cybersecurity and/or blockchain, across industries and areas, including FinTech, Healthtech, and Greentech, and providing access to such solutions across the Indian and global markets.

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


Adani Enterprises Share Price

2946.15 -21.50 (-0.72%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
Redington 194.45
Adani Enterprises 2946.15
Amrapali Industries 17.63
Rashi Peripheral 396.00
Compuage Infocom 2.98
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