Adani Enterprises’ arm signs Share Subscription agreement with April Moon Retail

Adani Enterprises’ Wholly Owned Subsidiary – Adani Airport Holdings (AAHL) has signed Share Subscription agreement with April Moon Retail (AMRPL) and existing Shareholders of AMRPL for the purpose of strategic partnership to operate duty free outlets in airports. Strategic partnership to operate duty paid outlets in airports and subscription of shares by AAHL amounting to 74% equity share capital of AMRPL on fulfillment of certain terms and conditions linked with the transaction. 

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

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