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Adani Global Ltd to acquire 49% stake in Adani Esyasoft Smart Solutions Ltd

PRIVATEApr 16, 2024

Acquiring Company

Adani Global Limited

Acquired Company

Adani Energy Solutions Ltd

AhmedabadAbu DhabiEnergyOil And GasArtificial IntelligenceTransportationRenewable EnergyBlockchainSolarConsultingMiningLogisticsBiomass EnergyUtilitiesInformation TechnologyEnergyOil And GasSoftwareRenewable EnergyEnergy ManagementUtilities

Description

Adani Global Ltd, a subsidiary of Adani Enterprises, has signed a Shareholders’ Agreement with Esyasoft Holding Ltd to acquire a 49% stake in Adani Esyasoft Smart Solutions Ltd. This strategic move aims to strengthen the position of Adani Global Ltd in the development of smart solutions for the utilities sector in India and globally.

Quick answer

Adani Global Limited is acquiring Adani Energy Solutions Ltd, announced April 16, 2024. Adani Global Limited is based in Ahmedabad, Gujarat, India.

How much did Adani Global Limited pay for Adani Energy Solutions Ltd?
The deal value was not disclosed.
What does Adani Global Limited do?
Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining.
Where are Adani Global Limited and Adani Energy Solutions Ltd based?
Adani Global Limited is based in Ahmedabad, Gujarat, India. Adani Energy Solutions Ltd is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
Who are the decision-makers at Adani Global Limited?
Fundz holds 5 contacts at Adani Global Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Adani Global Limited

Location

Ahmedabad, Gujarat, India

About

Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. As part of the Adani Group, it plays a crucial role in the conglomerate's strategic expansion efforts. AGL is dedicated to sustainability and innovation within its industry.

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Frequently asked

Who acquired Adani Energy Solutions Ltd?

Adani Energy Solutions Ltd was acquired by Adani Global Limited, based in Ahmedabad. The deal was reported on April 16, 2024. Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. Adani Global Limited is privately held and operates in Energy.

When did Adani Global Limited acquire Adani Energy Solutions Ltd?

Adani Global Limited's acquisition of Adani Energy Solutions Ltd was reported on April 16, 2024. Adani Global Ltd, a subsidiary of Adani Enterprises, has signed a Shareholders’ Agreement with Esyasoft Holding Ltd to acquire a 49% stake in Adani Esyasoft Smart Solutions Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Adani Energy Solutions Ltd do?

Adani Esyasoft Smart Solutions Ltd (AESSL) is an Abu Dhabi-based company focused on developing smart solutions including smart metering software, load forecasting, revenue maximization, and other efficiency-based software products and solutions. It is privately held, operating in Information Technology, and is based in Abu Dhabi.

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