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Corporate News

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(27 Dec 2024, 18:21)

Adani Enterprises dilutes stake held in Jhar Mineral Resources

Adani Enterprises announced that pursuant to the allotment of further equity shares by Jhar Mineral Resources, a wholly owned subsidiary company (JMRPL), the Company's stake in JMRPL has been diluted to 51%. Accordingly, effective today i.e. 27 December 2024, JMRPL will be a subsidiary (and not a wholly owned subsidiary) of the Company.
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