Adani Airport Holdings Limited (AAHL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) to disinvest 25% of its stake in World Plate Collective Cuisines Limited (WPCCL). After the transaction, AAHL will hold 75% of WPCCL, while AJ Holding Limited will hold the remaining 25%. The transaction was announced on November 10, 2025.
Strategic Divestment in WPCCL
Adani Airport Holdings Limited (AAHL) has entered into definitive agreements for the partial divestment of its stake in World Plate Collective Cuisines Limited (WPCCL). The announcement was made on November 10, 2025, outlining the terms of the transaction.
Key Terms of the Agreement
AAHL will disinvest 25% of its stake in WPCCL through a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) with AJ Holding Limited. Post-transaction, the shareholding structure of WPCCL will be as follows:
- AAHL: 75%
- AJ Holding Limited: 25%
Background of the Transaction
Prior to this divestment, AAHL held 100% of the shares in WPCCL. The transaction will result in AJ Holding Limited becoming a significant shareholder in WPCCL.
Board Composition
Following the completion of the transaction, the Board of WPCCL will consist of four directors, with AAHL nominating three and AJ Holding Limited nominating one.
Source: BSE
