![Adani Enterprises sets up new subsidiary in Macau; stock jumps 4%](https://images.assettype.com/fortuneindia%2F2023-01%2F1e63127f-8dd4-43a1-b9a7-a5f223a69d6f%2FAdani_corporate_HQ_020A8688_copy.jpg?rect=0,0,2048,1024&w=300&q=95)
Adani Enterprises sets up new subsidiary in Macau; stock jumps 4%
The new entity will bid for duty-free liquor and tobacco shops at Macau International Airport.
The new entity will bid for duty-free liquor and tobacco shops at Macau International Airport.
Kempas Trade and Investment, a promoter entity, acquired 2.53 crore shares of Adani Enterprises in the open market between August 7 and August 18.
Adani Enterprises shares surged over 31% in two sessions amid a report that Gautam Adani-led conglomerate is planning to prepay or repay share-backed loans.