Adani Enterprises Ltd. — M&A Activity 2018

Dec 27, 2018

Sr.No.	Particulars	Details
a)	Nameofthetargetentity,detailsinbriefsuchas size,turnoveretc.	PrayagrajWaterPrivateLimitedi)AuthorizedShareCapital:Rs.1,00,000/·(Rupees OneLakhOnly).ii)Paid-UpShareCapital:Rs.1,00,000/·(Rupees OneLakhOnly).iii)Turnover: Nil (yettocommencebusinessoperations)
b)	Whethertheacquisitionwouldfallwithinrelatedpartytransaction(s)andwhetherthepromoter/promotergroup/groupcompanieshaveanyinterest'1ntheentitybeingacquired?Ifyes,natureofinterestanddetailsthereofandwhetherthesameisdoneat"armslength".	No
c)	Industrytowhichtheentitybeingacquiredbelongs	PrayagrajWaterPrivateLimitedisyettocommenceitsbusiness operations.

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	'I
Sr.	Particulars	Details
No.
d)	Objects andeffectsofacquisition	JointVentureCompanyincorporatedby
	(includingbutnotlimitedto,	Adani Enterprises Limited	(74%)and
	disclosureofreasonsfor	ORGANICATechnologies		Private
	acquisitionoftargetentity,ifits	Company Limited by shares	-	Hungary
	business is outsidethemain line	(26%)fordevelopment&rehabilitationof
	ofbusinessofthelistedentity)	SewageTreatmentPlants		andits
		associatedinfrastructureon	HAMmode
		basisatAllahabad/Prayagraj.
e)	Briefdetailsofany governmental	No
	orregulatoryapprovals required
	fortheacquisition.
f)	Indicativetimeperiodfor	N.A
	completionoftheacquisition
g)	Natureofconsideration-whether	Cash
	cashconsiderationor share swap
	and detailsofthesame;
h)	Costofacquisitionorthepriceat	Rs.74,000/-(7400Equity	Sharesof
	whichtheshares are acquired;	Rs.10each)
i)	Percentageofshareholding_I_	1.Adani Enterprises Limited	-74%
	controlacquired and_I_ornumber	2.ORGANICATechnologies		Private
	ofshares acquired;	Company Limited byshares·26%
j)	Briefbackgroundabouttheentity	PrayagrajWaterPr'lvate	Limitedis
	acquired in termsofproducts/line	incorporatedin India and registeredwith
	ofbusiness acquired,dateof	theRegistrarofCompanies,	Gujaratat
	incorporation,historyoflast3	Ahmedabad on 26t11December,		2018and
	years turnover,countryinwhich	isyettocommenceits		business
	theacquiredentityhas presence	operations.
	andanyothersignificant
	information(in brief);

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