Adani Ent arm to buy D P Jain TOT Toll for enterprise value of INR 13.42 bln
This story was originally published at 12:12 IST on 12 September 2025
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--Adani Ent arm Adani Road to acquire 100% stake in D P Jain TOT Toll Roads
--Adani Ent arm to buy D P Jain TOT Toll for INR 13.42-bln enterprise value
MUMBAI – Adani Enterprises Ltd. Friday said its wholly owned subsidiary Adani Road Transport Ltd. has executed a share purchase agreement, on Thursday, with D P Jain TOT Toll Roads Pvt. Ltd., D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd. The agreement is to acquire a 100% stake in D P Jain TOT Toll Roads for an enterprise value of INR 13.42 billion, the company said in an exchange filing.
For the June quarter, Adani Enterprises reported a consolidated net profit of INR 7.34 billion on a revenue of INR 219.61 billion. At 1202 IST, shares of the company traded flat at INR 2,401 on the National Stock Exchange. End
Reported by Durva A. Shivalkar
Edited by Akul Nishant Akhoury
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