Adani Enterprises Limited has announced that its wholly-owned step-down subsidiary, Adani Airport City Limited (AACL), successfully completed the acquisition of a 100% equity stake in Portus Ventures Private Limited (PVPL). The transaction was concluded on June 10, 2026, following the execution of a Share Purchase Agreement (SPA) dated June 08, 2026. The conglomerate received the official confirmation of the transfer of ownership at 6:13 PM IST on the same day.

The acquisition was carried out for a total cash consideration of ₹1.40 lakhs. Portus Ventures Private Limited, registered in Ahmedabad, Gujarat, was incorporated on April 02, 2024, and currently holds a nil turnover as it has yet to commence operations. According to regulatory filings, the transaction did not require any governmental or regulatory approvals, nor did it constitute a related-party transaction, ensuring it was executed strictly at arm’s length.

Adani Enterprises Limited serves as the primary business incubator for the Adani Group, focusing on building large-scale infrastructure and energy platforms across India. The company’s core business operations span across diverse sectors including airports, roads, data centers, solar manufacturing, and green hydrogen. In recent 2025 developments, the company significantly expanded its infrastructure footprint and successfully launched a second public issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹1,000 crore to optimize its capital structure.

During the financial year 2025, Adani Enterprises witnessed robust financial growth, highlighted by its consolidated revenue increasing to ₹1,00,365 crore. The company’s consolidated EBITDA for the period jumped 26% year-on-year to ₹16,722 crore, heavily driven by its scaling incubation businesses. Additionally, in late 2025, the company made headlines with its massive ₹25,000 crore rights issue, which concluded with a strong 108% oversubscription from the public and institutional investors. A prominent institutional investor backing the company includes the prominent global asset management firm GQG Partners.