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Gautam Adani Enters In To Healthcare Business After Cement Adani Group Now Formed New Company

Gautam Adani Enters In To Healthcare Business After Cement Adani Group Now Formed New Company
Written by Arindam

Gautam Adani Health Business: Gautam Adani, Asia’s richest person and one of the world’s top billionaires, recently entered the cement business by making a deal with Holcim. Now he is again preparing to establish his kingdom in a new area. After cement, Gautam has now announced to enter the field of health services.

According to a report, Gautam Adani has formed a separate company to provide healthcare services. This information has been given in the regulatory filing. The company has been incorporated on 17th May 2022. According to the information given by Adani Enterprises in this regard, the name of Adani’s company in the healthcare sector is Adani Health Ventures Limited (AHVL).

The new company will provide these services

Will operate as a wholly owned subsidiary of Adani Enterprises Limited. Medical and diagnostic services will also be included in Adani Health Ventures. It was told by the company that the paid-up capital of the new company would be Rs 1,00,000. Apart from providing services related to medical and medical tests, it will also provide health tech facilities.

This is how cement deal happened

Earlier, Indian industrialist Gautam Adani, who is ranked 7th among the top-10 billionaires of the world and the richest person in Asia, has made a strong knock in the cement business. In fact, Adani has bought Ambuja and ACC cement companies from Holcim Group of Switzerland. This deal has been done for $ 10.5 billion i.e. about Rs 82,000 crore.

The Adani-Holcim deal is being said to be the biggest deal in the history of the country so far in the infrastructure and materials sector. With this, the Adani Group, which has maintained its supremacy in the field of port to energy, has also entered the field of cement. Holcim and its subsidiaries hold 63.19 per cent stake in Ambuja Cement and 54.53 per cent in ACC. Adani has made this big deal for Holcim’s stake in both the companies.

increase in business

In the last few years, not only the shares of Adani Group companies have seen a strong rise, but the company has also spread its business in many areas. In the last financial year, a decision was taken by the group to enter the media business. This week the group has spread its feet in the cement business and after that preparations are being made to move forward towards the business related to health services.

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