Adani Enterprises Share Price in Focus; Step-Down Subsidiary to Acquire 100% Stake in Portus Ventures

Adani Enterprises Limited has announced that Adani Airport City Limited (AACL), its wholly owned step-down subsidiary, has executed a Share Purchase Agreement to acquire 100% equity share capital of Portus Ventures Private Limited (PVPL). 

The acquisition is expected to strengthen AACL's presence in real estate and hospitality-related businesses. 

Step-Down Subsidiary to Acquire Portus Ventures 

According to the company, AACL has entered into a Share Purchase Agreement with Portus Ventures Private Limited and its existing shareholders for the acquisition of the entire equity stake in the company. 

Upon completion of the transaction, Portus Ventures will become a wholly owned subsidiary of Adani Airport City Limited. 

Acquisition Aligned with Real Estate and Hospitality Plans 

Portus Ventures Private Limited is engaged in activities related to real estate development, construction of buildings, hotels, motels, and resorts providing short-term lodging facilities. 

The acquisition is intended to support real estate activities involving owned or leased properties and hospitality-related developments. 

Deal Valued At ₹1.40 Lakh 

The acquisition will be completed through a cash consideration of ₹1.40 lakh. 

Adani Enterprises stated that Adani Airport City Limited will acquire a 100% equity stake in Portus Ventures. The company also clarified that the transaction does not qualify as a related-party transaction. The company said the acquisition is expected to be completed by June 17, 2026.  

Portus Ventures was incorporated in April 2024 and is yet to commence business operations. 

Read More: Gautam Adani Overtakes Mukesh Ambani to Become Asia’s Richest Person, Says Forbes! 

Adani Enterprises Share Price Performance 

As of 09 June 2026, at 10:50 AM, Adani Enterprises share price is trading at ₹2,960.50 per share, reflecting a decline of 0.32% from the previous closing price. 

Conclusion 

The acquisition of Portus Ventures Private Limited by Adani Airport City Limited represents a strategic move by Adani Enterprises to strengthen its exposure to real estate and hospitality-related opportunities. Upon completion, the transaction will give AACL full ownership of the entity and support its long-term development plans. 

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