Adani subsidiary acquires DPJTOT, expands infrastructure footprint

Adani Enterprises Limited (AEL) announced that its wholly owned subsidiary, Adani Road Transport Limited (ARTL), has signed a share purchase agreement (SPA) to acquire a 100% stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The SPA, executed on September 11, 2025, also involves D P Jain & Co Infrastructure Private Limited and DPJ-DRA Tollways Private Limited as parties. This acquisition is contingent on regulatory approvals and customary conditions.

The cost of this acquisition is set at an Enterprise Value not exceeding INR 1,342 Cr. as of September 30, 2025. This strategic move aims to expand ARTL's presence and operations within the infrastructure sector.

The transaction was communicated to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).