Adani Group & Blackstone Inc.

Adani Group: Adani Group completed the acquisition of Ayumi Pharmaceutical Holdings, significantly expanding its sales platform in Japan and diversifying its revenue base across Japan, the United States, China, and Australia. This acquisition marks the beginning of its 'Second Founding Phase' for global growth.

Blackstone Inc.: Blackstone Inc. was a lead shareholder in Ayumi Pharmaceutical Holdings and became a new shareholder in Adani Group as part of the acquisition settlement, receiving a combination of cash and new shares.