ADANI ENTERPRISES LTD
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises Limited (previously Adani Exports Limited).
The Group’s diverse businesses include port management, electric power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure. In April 2021, Adani Group became the third Indian conglomerate to cross $100 billion in market capitalization.
Over the years, Adani Enterprises has focused on building stellar infrastructural assets contributing to nation-building. Having successfully built unicorns like Adani Transmission, Adani Power, Adani Ports & SEZ, Adani Green Energy and Adani Total Gas, the company has contributed significantly to make the country self-reliant. The next-generation of its strategic business investments are centered on the fields of airport management, roads, data center and water infrastructure.
The company’s vision is to be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
At Adani Enterprises Ltd, they believe in implementing an integrated thinking to value creation. The long-term sustainability of their business is built on the foundation of delivering sustained value for their stakeholders. Their journey of value-creation is built around an integrated approach of taking into account Environment, Sustainability and Governance principles. Through Adani Foundation, the CSR arm of Adani Group, they have successfully transplanted 8000 trees and planted 296,059 saplings at the Parsa Kente site in Chhattisgarh with 80% survival rate. They have also established a nursery for developing the native species. The foundation also aims to plant 29 trees against the loss of 1 tree.
COVID-19 INITIATIVES:
Adani group is providing children with effective platforms to avoid learning shortfalls along with mental health and psychosocial support has been Adani Foundation’s priority in education since April 2020. For more than a year now, 24X7 availability of healthcare workers and faculty members has been ensured. 3 new oxygen generation plants have been installed over the past few months. An additional oxygen generation plant with the capacity of 200 oxygen cylinders per day and liquid medical oxygen tank with storage capacity of 20kL are under installation and will be functional shortly.
Their shareholding pattern consists of Promoters and Promoter Group having 74.92% of shares, Public having 3.29% shares, following by FII’s having 19.65% shares and DII’s with 2.14% shares.
