Adani Enterprises Limited announced a strategic acquisition through its subsidiary, marking another expansion in its business portfolio. The company disclosed that Adani Road Transport Limited (ARTL), its wholly owned subsidiary, has executed definitive documents to acquire a 49% stake in Sree Vishwa Varadhi Private Limited (SVVPL). The transaction was formally disclosed to BSE and NSE on January 3, 2026, under Regulation 30 of SEBI Listing Regulations.

Transaction Details

The acquisition involves ARTL subscribing to fresh securities equivalent to 49% shareholding in SVVPL on a fully diluted basis. The transaction includes an option for ARTL to acquire additional stake from existing shareholders, subject to regulatory approvals. The company received information about the transaction on January 2, 2026 at 11:38 PM.

Governance Rights and Structure

Upon completion of the 49% stake acquisition, ARTL will secure significant governance rights in SVVPL. The agreement grants ARTL the right to appoint two nominee directors on SVVPL's board, ensuring representation in the company's decision-making processes.

The transaction involves three key parties as detailed in the regulatory filing:

Regulatory Compliance and Disclosure

Adani Enterprises confirmed that SVVPL and VSEPL are not related to the promoter or promoter group, and the transaction does not fall within related party transactions. The formal disclosure was made through official communication to both BSE (Scrip Code: 512599) and NSE (Scrip Code: ADANIENT).

Strategic Implications

The acquisition represents Adani Enterprises' continued expansion strategy through its subsidiary network. ARTL had no existing shareholding in SVVPL at the execution date, making this a fresh investment opportunity. The structure allows for potential future expansion with the built-in option to acquire additional stake, providing flexibility for increased control based on business performance and regulatory approvals.

The transaction documentation was signed by Jatin Jalundhwala, Company Secretary & Joint President (Legal) of Adani Enterprises Limited, ensuring proper corporate governance procedures were followed throughout the acquisition process.

Adani Enterprises Limited has issued a corrigendum to its first call notice on partly paid-up equity shares, announcing revised payment dates for the first call money in connection with its ongoing rights issue. The company published newspaper advertisements on January 2, 2026, to inform stakeholders about the updated payment schedule.

Updated Payment Schedule

The corrigendum specifically addresses the first call payment period for eligible shareholders holding partly paid-up equity shares with ISIN IN9423A01030. The company has announced revised dates for the payment window to ensure adequate time for shareholders to complete their obligations.

Regulatory Compliance and Communication

The company filed the intimation with stock exchanges under Regulation 30 compliance requirements. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring proper regulatory disclosure of the payment period modifications.

Newspaper Publication Coverage

Adani Enterprises published the corrigendum advertisements across multiple newspapers to ensure wide circulation and stakeholder awareness. The publications were strategically selected to cover different language segments and geographical regions, appearing in Financial Express (English national daily), Jansatta (Hindi national daily), and Jai Hind (Gujarati language daily in Ahmedabad editions).

Registrar Information

All correspondence regarding the first call payment should be addressed to MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the registrar to the issue. The registrar is located at C-101, Embassy 247, 1st Floor, L.B.S Marg, Vikhroli (West), Mumbai - 400 083, with contact person Shanti Gopalakrishnan and SEBI Registration No. INR000004058.

The corrigendum ensures all eligible shareholders receive accurate and updated information regarding their payment obligations and rights in the ongoing rights issue process.