April Moon Retail Private Limited, a joint venture company of Adani Airport Holdings Limited, is set to acquire 74% stake in Cococart Ventures Private Limited for Rs 200 crore, according to the stock exchange filing.
"We would like to inform you that April Moon Retail Private Limited, a joint venture company of Adani Airport Holdings Limited, which is a wholly owned subsidiary of the Company, has executed a Share Purchase Agreement (“SPA”), Joint Venture Agreement (“JVA”) and Share Subscription Agreement (“SSA”) on September 27, 2024 with Cococart Ventures Private Limited (“CVPL”) and existing shareholders of CVPL namely, Karan Ahuja and Arjun Ahuja for acquisition of shares in CVPL, to acquire 74% stake in CVPL," said the statement.
(more to come)
"We would like to inform you that April Moon Retail Private Limited, a joint venture company of Adani Airport Holdings Limited, which is a wholly owned subsidiary of the Company, has executed a Share Purchase Agreement (“SPA”), Joint Venture Agreement (“JVA”) and Share Subscription Agreement (“SSA”) on September 27, 2024 with Cococart Ventures Private Limited (“CVPL”) and existing shareholders of CVPL namely, Karan Ahuja and Arjun Ahuja for acquisition of shares in CVPL, to acquire 74% stake in CVPL," said the statement.
(more to come)
