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Adani Airport Holdings divests 25% stake in culinary subsidiary

November 10, 2025 at 05:39 PM UTCBy FilingReader AI

Adani Airport Holdings Limited (AAHL), a wholly-owned subsidiary of Adani Enterprises Limited, has executed a Share Purchase Agreement and a Joint Venture Agreement on November 10, 2025. This agreement facilitates the divestment of AAHL's 25% stake in World Plate Collective Cuisines Limited (WPCCL) to AJ Holding Limited. WPCCL is currently a wholly-owned subsidiary of AAHL.

Post-transaction, AAHL and AJ Holding Limited will collectively hold equity shares in WPCCL in a 75:25 ratio. The board of WPCCL will consist of four directors, with three nominated by AAHL and one by AJ Holding Limited. Neither Adani Enterprises nor AAHL holds shares in AJ Holding, which is not part of the promoter/promoter group.

This divestment by AAHL will alter the ownership structure of WPCCL, moving from a 100% AAHL-owned entity to a joint venture with AJ Holding Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ADANIENTBombay Stock Exchange

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