Adani Enterprises to Start Selling Train Tickets Online
Adani Enterprises has announced that it will soon start selling train tickets online. The company has signed a Share Purchase Agreement to acquire 100 percent stake in Trainman Company owned by Stark Enterprises Private Limited. Trainman is an authorized train ticket booking agent on behalf of IRCTC. Adani Digital Labs Private Limited (ADL), a wholly owned subsidiary of the company, has entered into a proposed acquisition of 100 percent stake in Stark Enterprises Private Limited (SEPL).
Highlights:
– Adani Enterprises has signed a Share Purchase Agreement to acquire 100 percent stake in Trainman Company owned by Stark Enterprises Private Limited.
– Trainman is an authorized train ticket booking agent on behalf of IRCTC.
– Adani Digital Labs Private Limited (ADL), a wholly owned subsidiary of the company, has entered into a proposed acquisition of 100 percent stake in Stark Enterprises Private Limited (SEPL).
– After this news, while the share rate of IRCTC has increased, the share of Adani Enterprises has declined.
This announcement comes in the midst of a series of controversies surrounding the Adani Group. Recently, Hindenburg had issued a report regarding the company, after which there was a huge fall in the shares of the company.
After this announcement, while the share rate of IRCTC has increased, the share of Adani Enterprises has declined. At present, Adani Enterprises is trading at the level of Rs 2,463, with a fall of about 46 rupees in it. At the same time, the share of IRCTC is trading fast in the afternoon and is currently trading at around Rs 667, with a gain of about 2 rupees.
English Summary: Adani Enterprises has acquired 100 per cent stake in Trainman Company owned by Stark Enterprises Private Limited. The company will soon start selling train tickets online.
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