Adani Enterprises has sold 100% stake, in its wholly owned subsidiary Adani Energy Ltd (AEnL) for Rs.13.61 lakh.
Adani Enterprises is the flagship firm of the Adani Group and the company is involved in the areas of renewable energy, coal mining and trading, natural gas distribution and agri-businesses.
In a BSE filing the company stated, “…we would like to inform you that the company has sold its entire stake in Adani Energy Ltd (AEnL) on March 29, 2019.” The company did not disclose the name of the buyer and said “the buyer does not belong to the promoter/promoter group/ group companies”.
