Adani Enterprises to sell entire stake in PT Adani Global Indonesia
ADANIENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Adani Enterprises' Mauritius and Singapore subsidiaries agreed on November 6, 2025 to sell their entire stake in PT Adani Global Indonesia to ENERGICO FZCO for USD 125 million. Completion is expected by November 30, 2025. PTAG reported revenue of Rs 812.51 crore and net worth of Rs 628.95 crore, equal to 0.83% and 1.11% of AEL's consolidated figures. After completion, PTAG and its downstream units will cease to be AEL subsidiaries.
If completed, it brings USD 125 million in proceeds but removes PTAG's earnings and net worth from AEL. PTAG's small contribution limits the impact.