Adani Road Transport Limited (ARTL), a wholly-owned subsidiary of Adani Enterprises, has finalized the acquisition of a 49% stake in Sree Vishwa Varadhi Private Limited (SVVPL). The transaction, completed on February 17, 2026, was executed through the subscription of fresh equity shares. This strategic move aligns with ARTL’s goal to expand its presence in the Roads sector. The total consideration paid for the shares amounted to INR 96,070.
Completion of Strategic Road Sector Investment
Adani Enterprises Limited announced today that its wholly-owned subsidiary, Adani Road Transport Limited (ARTL), has successfully completed the acquisition of a 49% shareholding in Sree Vishwa Varadhi Private Limited (SVVPL). This completion follows an earlier intimation dated January 3, 2026, and was finalized on February 17, 2026.
Deal Structure and Financial Details
The acquisition was achieved via the subscription to fresh equity shares in SVVPL. The total Consideration paid for this stake acquisition was INR 96,070. This amount was utilized to subscribe to 9,607 equity shares of SVVPL, each having a face value of INR 10 and issued at par.
Following the transaction, ARTL now holds 49% of the post-issue capital of SVVPL. The acquisition was funded through Cash Consideration.
Target Entity Background and Rationale
The target entity, SVVPL, operates within the Infrastructure – Roads industry. It was incorporated on September 15, 2025, to execute a specific project awarded by the Bihar State Road Development Corporation Limited (BSRDCL). This project involves the Extension of J.P. Ganga Path from Digha to Sherpur Koilwar Road under the Hybrid Annuity Mode. The turnover for SVVPL is currently stated as Nil, given its recent incorporation.
The strategic Rationale for the acquisition is that it aligns with ARTL’s goal of expanding and strengthening its presence in the Roads sector. It is confirmed that this transaction does not constitute a related party transaction.
Regulatory Approvals
The acquisition received necessary approval from the Bihar State Road Development Corporation Limited. ARTL holds an option to acquire an additional stake in SVVPL, which is subject to future regulatory approvals.
Source: BSE
