Adani Enterprises divests Indonesian subsidiary for $125 million

Adani Global Limited (Mauritius) and Adani Global Pte Ltd (Singapore), subsidiaries of Adani Enterprises Limited, have signed a Securities Purchase Agreement on November 6, 2025, to divest their entire stake in PT Adani Global (Indonesia) (PTAG). Upon completion, PTAG and its step-down subsidiaries will no longer be part of the Adani Enterprises group.

The consideration for this sale is $125 million. The buyer is ENERGICO FZCO, located in Dubai, United Arab Emirates, and is not part of the promoter or promoter group companies. The transaction is expected to be completed no later than November 30, 2025.

For the last financial year, PTAG contributed revenue of INR 812.51 crore, representing 0.83% of Adani Enterprises' consolidated revenue of INR 97,894.75 crore. Its net worth was INR 628.95 crore, accounting for 1.11% of Adani Enterprises' consolidated net worth of INR 56,470.45 crore.