Adani Enterprises arm to acquire toll roads in Guj, Andhra from Macquarie Asia Infra Fund for Rs 3,110 cr
Adani Road Transport, a wholly-owned subsidiary of Adani Enterprises NSE -0.54 %, will be acquiring a 100% stake in Swarna Tollway Private Ltd (STPL) and a 56.8% stake in Gujarat Road and Infrastructure Company Ltd (GRICL) from Macquarie Asia Infrastructure Fund, the company informed the exchanges on Thursday.
The acquisition is at an enterprise value of Rs 3,110 crore.
