Adani Enterprises Limited announced the successful completion of the acquisition of 100% of the equity share capital of Portus Ventures Private Limited (PVPL). The acquisition was finalized on June 10, 2026, by Adani Airport City Limited (AACL), a wholly-owned step-down subsidiary. This strategic move strengthens the company’s presence in the airport sector and aligns with its broader expansion goals. The intimation of this completion was received by the company on the same day.
Acquisition of Portus Ventures Private Limited Finalized
Adani Enterprises Limited has officially confirmed the completion of its acquisition of 100% of the equity share capital of Portus Ventures Private Limited (PVPL). The transaction, which saw Adani Airport City Limited (AACL), a wholly-owned step-down subsidiary, acquiring PVPL, was successfully concluded on June 10, 2026. This marks a significant milestone in the company’s strategic expansion within the airport infrastructure sector.
Deal Details and Previous Intimation
The acquisition was executed in accordance with the terms of the Share Purchase Agreement (SPA) entered into earlier. Previously, Adani Enterprises had informed the stock exchanges on June 08, 2026, regarding the execution of the SPA with PVPL and its existing shareholders. The completion of the acquisition on June 10, 2026, signifies the full transfer of ownership and control of PVPL to AACL.
Confirmation Received
The company received formal intimation regarding the completion of this acquisition on June 10, 2026, at approximately 6:13 PM IST. All necessary details pertaining to this acquisition, as required by regulations, were provided in the prior intimation dated June 08, 2026.
Source: BSE