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.

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