Adani Enterprises Finalizes Indonesia Exit: $125M Stake Sale in PT Adani Global Completed

Divestment Completion

Adani Enterprises confirmed the full execution of its stake sale in PT Adani Global (Indonesia) and subsidiaries, originally announced via a Securities Purchase Agreement (SPA) on November 6, 2025. Subsidiaries Adani Global Limited (Mauritius) and Adani Global Pte Ltd (Singapore) transferred ownership to ENERGICO FZCO, an independent Dubai entity, meeting the November 30 deadline amid portfolio optimization efforts.​

Strategic Rationale

This divestment aligns with Adani's focus on high-growth sectors like infrastructure and green energy, shedding non-core international assets. ENERGICO has no Adani affiliations, ensuring regulatory compliance without related-party issues. Post-sale, PT Adani Global ceases as a step-down subsidiary.​

Key Highlights:

Deal Value: USD 125 million (approx. ₹1,040 crore).​

Seller Entities: Adani Global Ltd (Mauritius), Adani Global Pte Ltd (Singapore).​

Buyer: ENERGICO FZCO (Dubai-based, non-related party).​

Financial Slice: Contributed 0.83% revenue (₹812.51 Cr), 1.11% net worth (₹628.95 Cr) to Adani consolidated.​

Timeline: SPA signed Nov 6; completed by Nov 30, 2025.​

Sources: ScanX Trade, TipRanks, Investywise, IndianWeb2