Key Takeaways
- Adani Road Transport Limited (ARTL) is acquiring a 100% stake in D P Jain TOT Toll Roads Private Limited (DPJTOT).
- The acquisition is valued at up to Rs 13.42 billion and is subject to regulatory approvals.
- The transaction includes stakes from multiple entities associated with D P Jain TOT Toll Roads Pvt. Ltd.
Acquisition Details
Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has signed a Share Purchase Agreement (SPA) on September 11, 2025, to acquire a full 100% stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The deal, valued at an enterprise value not exceeding Rs 13.42 billion, is contingent upon receiving regulatory approvals and fulfilling customary conditions.
As part of the agreement, ARTL will procure the stake from a group of associated entities, including D P Jain TOT Toll Roads Pvt. Ltd., D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd. This strategic move is designed to enhance ARTL’s position in the road transport sector and expand its portfolio of toll operations. Further details regarding the timeline and planned integration of DPJTOT into ARTL’s operations are anticipated as the transaction progresses through the required regulatory channels.
This acquisition comes at a time when the demand for road infrastructure continues to rise in India, bolstering confidence in Adani’s growth strategy in the transportation and logistics sector. The successful completion of this acquisition would signify ARTL’s commitment to enhancing its operational capacity and strengthening its market presence in the toll road business. Future updates will be necessary to monitor the progress of the acquisition as it advances towards completion.
The content above is a summary. For more details, see the source article.
