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Adani Enterprises to divest entire stake in Sirius Digitech International

15 Nov 2024 Evaluate

Adani Enterprises has executed a Share Transfer Agreement to divest its entire stake in Sirius Digitech International (SDIL) a wholly owned subsidiary of the Company. Upon completion of transfer of shares, SDIL will cease to be a subsidiary of the company. Consideration received from such sale/disposal is Rs 45,400. The expected date of completion of sale/disposal is November 30, 2024. 

Sirius Digitech was incorporated on January 18, 2024 at Abu Dhabi, UAE as 49:51 joint venture between Adani Global, Mauritius, a wholly owned subsidiary of Company and Sirius International Holding.

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


Peers
Company Name CMP
Redington 357.85
Adani Enterprises 2741.00
Amrapali Industries 33.62
Maxgrow India 175.85
Rashi Peripheral 866.95
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