BSECompany Update54m ago · 26 Sept 2026, 12:41 pm
Intimation for acquisition of 50% stake of Monvarex Aluminium Holding RSC Ltd by Adani Global Limited, a wholly owned subsidiary of the Company
Adani Enterprises Ltd · 512599
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Adani Enterprises Ltd has acquired a 50% stake in Monvarex Aluminium Holding RSC Ltd through its wholly-owned subsidiary Adani Global Limited. The acquisition is not a related party transaction and has been completed at a purchase consideration of USD 25,000.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Adani Enterprises Ltd - 512599 - Announcement under Regulation 30 (LODR)-Acquisition
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26th September, 2026
BSE Limited National Stock Exchange of India Limited
P J Towers, Exchange plaza,
Dalal Street, Bandra-Kurla Complex,
Mumbai – 400001. Bandra (E), Mumbai – 400051.
Scrip Code: 512599 Scrip Code: ADANIENT
Dear Sir/ Madam,
Sub.: Intimation for acquisition of 50% stake of Monvarex Aluminium Holding RSC Ltd.
by Adani Global Limited, a wholly owned subsidiary of the Company.
Ref.: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
With reference to the captioned subject, we would like to inform you that Adani Global
Limited (“AGL”), a wholly owned subsidiary of the Company has acquired 50% equity stake
of Monvarex Aluminium Holding RSC Ltd. (“MAHRSCL”) from Monvarex Holding RSC Ltd.
(“Seller”).. Information in this regard has been received by the Company on 26th September,
2026 at 10:04 AM (IST).
The details of the above acquisition (as required to be furnished pursuant to Regulation
30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular
No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026) are
enclosed as Annexure 1.
You are requested to take the same on your records.
Thanking you,
Yours faithfully,
For Adani Enterprises Limited
Jatin Jalundhwala
Company Secretary & Joint President (Legal)
Membership No. FCS-3064
Adani Enterprises Limited Tel + 91 79 2656 5555
“Adani Corporate House”, Fax + 91 79 2555 5500
Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com
S. G. Highway, Khodiyar
www.adanienterprises.com
Ahmedabad 382 421
Gujarat, India
CIN: L51100GJ1993PLC019067
Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421
Annexure 1
Sr. Particulars Details
a) Name of the target entity, details in i) Monvarex Aluminium Holding RSC Ltd
brief such as size, turnover etc. (“MAHRSCL”)
ii) Authorised Share Capital: USD 50,000/-
iii) Paid-up Share Capital: USD 50,000/-
iv) Turnover: Nil (MAHRSCL is yet to
commence commercial activities)
b) Whether the acquisition would fall The acquisition of MAHRSCL by AGL is not a
within related party transaction(s) related party transaction for the Company, as
and whether the promoter/ per the provisions of SEBI LODR.
promoter group/ group companies
have any interest in the entity being
acquired? If yes, nature of interest
and details thereof and whether the
same is done at “arms length”.
c) Industry to which the entity being Metals, Mining, & Chemicals
acquired belongs
d) Objects and effects of acquisition The object of acquisition is to undertake
(including but not limited to, business of manufacturing/ extracting
disclosure of reasons for alumina / aluminium smelter and Coal-to-Gas
acquisition of target entity, if its business in India.
business is outside the main line of
business of the listed entity)
e) Brief details of any governmental or No
regulatory approvals required for
the acquisition.
f) Indicative time period for Transaction has been completed
completion of the acquisition
g) Nature of consideration - whether Cash consideration against shares.
cash consideration or share swap
and details of the same;
h) Cost of acquisition or the price at The acquisition has been done at a purchase
which the shares are acquired; consideration of USD 25,000.
i) Percentage of shareholding / AGL has acquired 50% equity stake of
control acquired and / or number of MAHRSCL.
shares acquired;
j) Brief background about the entity MAHRSCL is incorporated in Abu Dhabi and
acquired in terms of products/line registered with ADGM Registration
of business acquired, date of Authority, on 15th May, 2025.
incorporation, history of last 3 years
Adani Enterprises Limited Tel + 91 79 2656 5555
“Adani Corporate House”, Fax + 91 79 2555 5500
Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com
S. G. Highway, Khodiyar
www.adanienterprises.com
Ahmedabad 382 421
Gujarat, India
CIN: L51100GJ1993PLC019067
Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421
Sr. Particulars Details
turnover, country in which the The turnover of MAHRSCL is Nil since the
acquired entity has presence and c ommercial operation has not started.
any other significant information (in
brief);
For Adani Enterprises Limited
Jatin Jalundhwala
Company Secretary & Joint President (Legal)
Membership No. FCS-3064
Adani Enterprises Limited Tel + 91 79 2656 5555
“Adani Corporate House”, Fax + 91 79 2555 5500
Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com
S. G. Highway, Khodiyar
www.adanienterprises.com
Ahmedabad 382 421
Gujarat, India
CIN: L51100GJ1993PLC019067
Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421