🚨 ADANI LINK
✅ Krishnapatnam Port ⚓
Adani Ports acquired 75% of the port in 2020 and later acquired the remaining 25% for ₹2,800 Cr, taking its ownership to 100%.
✅ Sanghi Industries 🏭
Adani-owned Ambuja Cements acquired a 56.74% stake in Sanghi Industries in 2023, with an enterprise value of around ₹5,000 Cr.
✅ ACC & Ambuja Cements 🏗️
Adani Group acquired control of ACC and Ambuja Cements in 2022 through the acquisition of Holcim's stake.
❌ Shree Cement
Shree Cement had been linked to the race to acquire Sanghi Industries but subsequently exited.
❌ Vedanta
Vedanta actually challenged Adani’s acquisition of Jaiprakash Associates assets in court.
August 30, 2026 499 1