Acquisitions2 Dec 2025, 03:23 pm
Adani Enterprises Completes Acquisition of Trade Castle Tech Park
AI Summary
Adani Enterprises Ltd has announced the completion of the acquisition of 100% stake in Trade Castle Tech Park Private Limited (TCTPPL) by its joint venture, AdaniConnexX Private Limited. This makes TCTPPL a step-down joint venture of Adani Enterprises Ltd. The acquisition was completed on December 2, 2025, as per the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11° November, 2024.
Key Highlights
- Adani Enterprises Ltd has completed the acquisition of 100% stake in Trade Castle Tech Park Private Limited (TCTPPL)
- The acquisition has been made through its joint venture, AdaniConnexX Private Limited
- TCTPPL has become a step-down joint venture of Adani Enterprises Ltd
- The acquisition was completed on December 2, 2025
- The acquisition and related details were disclosed in the earlier intimation letter dated November 22, 2025