The Indian Railway Catering and Tourism Corporation (IRCTC), the government's online train ticketing platform, has clarified that this acquisition will not alter the existing B2C policy's application. All integrations and operations will continue to be managed through IRCTC, as is currently the case.

IRCTC, which is responsible for 81% of all e-tickets booked, is the primary e-ticketing platform for Indian Railways. It has collaborated with numerous agencies under B2B, E-Governance, and B2C schemes to simplify ticketing for citizens, with no competition existing between IRCTC and its agents.

Trainman, a platform for online train ticket booking, train status checking, and travel information, is one of IRCTC's 32 B2C partners, contributing to 0.13% of total reserved ticketing. Its acquisition by any other agency will not affect the current B2C policy's application, IRCTC asserted. The Government of India held 62.40% stake in IRCTC, as on 31 March 2023.

ADL, a company specializing in the development and operation of digital platforms for businesses and consumers, will use the acquisition of Trainman to broaden its footprint in the online travel and ticketing sector.

Adani Enterprises is the flagship company of Adani Group, one of India's largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, roads, data center and water infrastructure.

Shares of Adani Enterprises rose 0.86% to Rs 2506.65, while shares of IRCTC jumped 3.43% to Rs 664.90 on Friday, 16 June 2023.