Adani Global Acquires 50% Stake In Monvarex Aluminium Holding For ₹20.8 Lakh

Adani Global Limited (AGL), a subsidiary of Adani Enterprises, has acquired a 50% equity stake in Monvarex Aluminium Holding RSC Ltd. (MAHRSCL) for a cash consideration of ₹20.8 lakh (USD 25,000).

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Trusted Source Adani Global Acquires 50% Stake In Monvarex Aluminium Holding For ₹20.8 Lakh
FPJ Web Desk Updated: Saturday, September 26, 2026, 01:03 PM IST
Adani Global Acquires 50% Stake In Monvarex Aluminium Holding For ₹20.8 Lakh

Adani Global Limited |

Mumbai: Adani Global Limited (AGL), a wholly-owned subsidiary of Adani Enterprises Limited, announced on Thursday that it has acquired a 50% equity stake in Monvarex Aluminium Holding RSC Ltd. (MAHRSCL). The transaction involved a cash consideration of USD 25,000, equivalent to approximately ₹20.8 lakh.

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Business Focus

MAHRSCL, incorporated in Abu Dhabi on 15 May 2025, operates in the metals, mining, and chemicals industry. The acquisition will allow AGL to undertake manufacturing and extracting alumina/aluminium smelter and coal-to-gas businesses in India.

Financial Overview

MAHRSCL has an authorised and paid-up share capital of USD 50,000 each. The company currently has a nil turnover as its commercial operations have not yet commenced.

Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.

Published on: Saturday, September 26, 2026, 01:03 PM IST

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