Acquisitions8 Nov 2026, 05:30 pm
AdaniConnex Completes 100% Acquisition of Vizag Mega Data Center Park
AI Summary
Adani Enterprises Ltd announced that its joint venture, AdaniConnex Private Limited (ACX), has successfully completed the acquisition of 100% stake in Vizag Mega Data Center Park Limited (VMDCPL). This acquisition was initially agreed upon via a share purchase agreement (SPA) dated November 6, 2026. With this completion, VMDCPL is now a joint venture of Adani Enterprises. The details of the acquisition were previously disclosed as per SEBI Listing Regulations.
Key Highlights
- AdaniConnex Private Limited has fully acquired Vizag Mega Data Center Park Limited.
- The acquisition marks VMDCPL as a new joint venture for Adani Enterprises.
- The transaction was completed as per the terms of the Share Purchase Agreement.
- Regulatory disclosures regarding the acquisition have been made.
Price Impact
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