Adani Enterprises to Acquire 100% Stake in Portus Ventures via Airport City Business Deal
Published on: June 8, 2026, 7:37 p.m. | Source: scanx.trade
Adani Enterprises Limited has announced that its subsidiary will acquire 100% equity of Portus Ventures Private Limited for INR 1.40 lakhs in cash as part of an Airport City business deal. PVPL, incorporated in April 2024 and registered in Gujarat, Ahmedabad, has nil turnover and is yet to commence operations. The deal, requiring no regulatory approvals and not constituting a related party transaction, is set to be completed by June 17, 2026, with the aim of undertaking real estate and hospitality activities.
