SPPL (Support Properties Private Limited) and EREPL (Eternus Real Estate Private Limited) have been acquired by Adani Power, a part of Adani Group, for Rs 609 crore. According to the information given to the stock exchange by Adani Power, the share purchase agreement for the acquisition of both the companies was signed on June 7, 2022 only. 100% equity of both the companies has been acquired.
Adani Group is rapidly expanding its business in India. Recently, Adani Group bought its India cement business from Swiss company Holcim for $10.5 billion. In this deal, the ownership of ACC Cement and Ambuja Cement went to Adani Group. Let us tell you that Holcim is the promoter company of ACC and Ambuja.
At present, Adani Group’s business is doing business in Gas, Port, Airport, Mining, Green Energy, FMCG, Coal, Power, Drone, Cement, Real Estate and Health Sector.
Gautam Adani’s wealth highest in the world: According to the Bloomberg Billionaires Index, Gautam Adani is the 9th richest man in the world. His net worth is around $90.6 billion. This year his wealth has increased by about $ 14 billion, which is the highest in the world.