New Delhi, Mar 30 (PTI) Adani Enterprises today said it has sold 100 per cent stake in its wholly-owned subsidiary Adani Energy Ltd (AEnL) for Rs 13.61 lakh. Also Read - Adani Group to Buy Controlling Stake in Mumbai Airport
“…we would like to inform you that the company has sold its entire stake in Adani Energy Ltd (AEnL) on March 29, 2019,” Adani Enterprises said in a BSE filing. Also Read - 'Here Are The Facts': Aviation Minister Defends Thiruvananthapuram Airport Privatisation
The company received Rs 13.61 lakh from the sale, it added. Also Read - Now is The Best Time to Bet on India: Gautam Adani
The company, without disclosing the name of the buyer, said “the buyer does not belong to the promoter/promoter group/ group companies”.
Adani Enterprises is the flagship entity of the Adani Group. The company is involved in businesses in the areas of renewable energy, coal mining and trading, natural gas distribution and agri-businesses.
This is published unedited from the PTI feed.