Adani hikes stake in two group companies

The Adani-led promoter group has increased its stake in two of the group’s listed companies, as the ports-to-energy conglomerate continues to work on a comeback strategy. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent. Additionally, it increased its stake from 63.06 per cent to 65.23 per cent Adani Ports and Special Economic Zone Limited.