Acquisitions27 Jun 2025, 05:31 am
AdaniConnex Private Limited Completes Acquisition of Granthik Realtors Private Limited
AI Summary
AdaniConnex Private Limited, a joint venture of Adani Enterprises Ltd, has completed the acquisition of 100% stake of Granthik Realtors Private Limited from Windson Projects LLP and its Nominees. The acquisition was done through a Share Purchase Agreement executed on 26th June, 2025. Granthik Realtors Private Limited is incorporated in India with an object for carrying out Infrastructure development activities. It owns a sizeable land parcel and has secured key licenses to commence infrastructure activities, which would give a head start to AdaniConnex.
Key Highlights
- AdaniConnex Private Limited, a joint venture of Adani Enterprises Ltd, has completed the acquisition of 100% stake of Granthik Realtors Private Limited.
- The acquisition was done through a Share Purchase Agreement executed on 26th June, 2025.
- Granthik Realtors Private Limited is incorporated in India with an object for carrying out Infrastructure development activities.
- It owns a sizeable land parcel and has secured key licenses to commence infrastructure activities.
- The acquisition is done at a purchase consideration of INR 85.99 crs.