Adani Enterprises
Indian multinational holding company
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2024 | Adani Cementation was merged with Ambuja Cements in a share swap deal, with Adani Enterprises obtaining 87 lakh shares of Ambuja Cements. |
2024 | Kutch Copper is expected to commence production at its new copper refinery complex in Mundra. |
December 30 2024 | Adani Enterprises announced plans to sell its entire 44% stake in Adani Wilmar in a $2 billion deal, with Wilmar International acquiring 31% and the remaining 13% to be sold in the open market. |
June 2024 | Signed an agreement with Thales Group to locally manufacture 70 mm calibre FZ275 LGR rockets for Indian attack helicopters. |
June 2024 | Entered a cooperation agreement with EDGE Group (UAE) covering missiles, weapons, unmanned systems, air defence products, and electronic warfare technologies. |
February 2024 | Inaugurated two ammunition and missile manufacturing facilities in the Uttar Pradesh Defence Corridor at Kanpur, with a capacity to produce 150 million rounds of small-calibre ammunition. |
January 26 2023 | Adani Group announced its intention to take legal action against Hindenburg Research in response to the fraud allegations. |
January 24 2023 | Hindenburg Research published a two-year investigation alleging stock manipulation and accounting malpractices by Adani Group, causing a decline in bonds and shares of Adani companies. |
2022 | Kutch Copper began planning a greenfield copper refinery complex at Mundra with a planned capacity of 1 million tonnes per annum (MTPA). |
2022 | AdaniConneX announced plans to build a hyperscale data center in Kolkata's Bengal Silicon Valley tech hub, expanding its data center infrastructure network. |
December 2022 | AMG Media Networks acquired an additional 8.27% stake in NDTV via a tender offer and 27.26% stake from promoters Radhika Roy and Prannoy Roy, raising its total shareholding in NDTV to over 64%. |
December 2022 | Adani Digital Labs made the alpha release of the mobile app 'Adani One', which integrated the group's airport vertical. |
August 2022 | AMG Media Networks announced the acquisition of a 29.18% stake in NDTV through its subsidiary. |
May 2022 | AMG Media Networks announced the acquisition of a 49% stake in Quintillion Business Media Ltd, which operates BQ Prime, for an undisclosed amount. |
May 2022 | Signed a definitive agreement to acquire a 50% stake in General Aeronautics, a Bengaluru-based company. |
April 2022 | AMG Media Networks was incorporated as a wholly-owned media and publishing subsidiary of Adani Enterprises. |
March 2022 | Adani Enterprises acquired an unspecified minority stake in Quintillion Business Media Ltd. |
January 2022 | Adani New Industries is incorporated as a wholly-owned subsidiary of Adani Enterprises, focusing on new energy projects including green hydrogen, low-carbon power generation, and manufacturing of hydrogen fuel cells, wind turbines, solar modules, and batteries. |
January 2022 | Went public with an initial public offering (IPO), with Adani Enterprises and Wilmar International retaining a combined 88% stake in the company. |
2021 | Adani Enterprises acquired a 20% stake in the online travel company Cleartrip, expanding its portfolio into the digital travel services sector. |
2021 | Adani Enterprises acquired a 49% stake in Maharashtra Border Check Post Network, a subsidiary of Sadbhav Infrastructure Projects, strengthening its infrastructure investment portfolio. |
2021 | AdaniConneX was launched as a 50:50 joint venture with EdgeConneX to develop a network of hyperscale data centers in India, with initial locations including Chennai, Navi Mumbai, Noida, Visakhapatnam, and Hyderabad. |
December 2021 | First coal shipment was made from the Carmichael mine. |
December 2021 | Adani Road Transport won a contract to build a 464 km stretch of the 594 km-long Ganga Expressway in Uttar Pradesh, marking a significant infrastructure project for the company. |
September 2021 | Adani Digital Labs was incorporated as a wholly-owned subsidiary of Adani Enterprises, aimed at building a digital platform for consumers of Adani Group's B2C businesses. |
June 2021 | Adani Group announces plans to establish a cement plant in Maharashtra with an initial capacity of 5 million tonnes per annum, involving an investment of approximately ₹900-1,000 crore. |
June 11 2021 | Adani Group incorporates Adani Cement Industries Limited (ACIL) as a wholly-owned subsidiary of Adani Enterprises. |
March 2021 | Adani Enterprises incorporated Kutch Copper as a wholly-owned subsidiary to manufacture copper cathodes, copper rods, and other copper products. |
2020 | Adani Australia was rebranded as Bravus Mining & Resources, the subsidiary responsible for developing the Carmichael coal mine in Central Queensland, Australia. |
September 2020 | Acquired a 51 percent stake in PLR Systems Private Ltd, a manufacturer of indigenously built defense equipment. |
April 2020 | Acquired Alpha Design Technologies Pvt Ltd, a defense electronics and avionics design and manufacturing company. |
2019 | Federal Court dismissed an indigenous group's appeal seeking to invalidate the indigenous land use agreement for the Carmichael mine. |
2019 | Established a joint venture manufacturing facility for unmanned aerial vehicles with Elbit Systems in Hyderabad, Telangana. |
2018 | Adani Group scaled down the Carmichael mine's capacity and self-financed the project after international banks and financial institutions withdrew lending support due to environmental pressures. |
2018 | Adani Enterprises demerged two additional subsidiaries: Adani Green Energy and Adani Gas. |
2018 | Began involvement in wastewater treatment, recycle, and reuse projects at Prayagraj under the National Mission for Clean Ganga Framework. |
December 2018 | Adani Water was founded as a subsidiary with a focus on water infrastructure construction, targeting projects related to water treatment and environmental sustainability. |
2016 | Adani Mining produced 3.9 million tonnes of coal from its Bunyu coal mine in North Kalimantan, Indonesia. |
2015 | Adani Enterprises demerged three former subsidiaries: Adani Ports & SEZ, Adani Power, and Adani Transmission. |
2011 | Adani Shipping began transporting coal from the group's mines in Indonesia and Australia, expanding its operational capabilities in bulk carrier shipping |
2010 | Carmichael coal mine project was first proposed, initiating environmental protests across Australia. |
This contents of the box above is based on material from the Wikipedia article Adani Enterprises, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.