Adani GLobal Ltd acquires minority stake in Israeli firm Forsight

Adani Global Limited., Mauritius a Wholly Owned Subsidiary of Adani Enterprises Ltd, has completed the acquisition of minority stake by way of newly issued shares of Forsight Robotics Ltd., a company incorporated under the laws of the State of Israel ("Forsight") pursuant to the definitive agreements entered with Forsight and other investors in Forsight.

The acquisition is in furtherance of the strategic objectives of the Adani Enterprises Limited to undertake investments which provide synergistic benefits to the existing businesses of the Adani Group.

Shares of Adani Enterprises Limited was last trading in BSE at Rs. 2141.85 as compared to the previous close of Rs. 2065.60. The total number of shares traded during the day was 260943 in over 12559 trades.

The stock hit an intraday high of Rs. 2198.00 and intraday low of 2067.85. The net turnover during the day was Rs. 557798346.00.

Source : Equity Bulls

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