Adani Enterprises Ltd.

Adani Enterprises’ Wholly Owned Subsidiary -- Adani Global, Mauritius has completed the acquisition of minority stake by way of newly issued shares of Forsight Robotics, a company incorporated under the laws of the State of Israel (Forsight) pursuant to the definitive agreements entered with Forsight and other investors in Forsight. The cost of acquisition is $20 million. 

The acquisition is in furtherance of the strategic objectives of the Adani Enterprises to undertake investments which provide synergistic benefits to the existing businesses of the Adani Group.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.