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Adani Enterprises' JV company AdaniConneX acquired 100% of Vizag Mega Data Center Park Limited for Rs.1,085.51 Crore in cash. The target will set up infrastructure facilities, and the acquisition is completed and requires no regulatory approvals.
Adani Enterprises reported completion of acquiring 100% of Vizag Mega Data Center Park via JV AdaniConneX. The target is now a joint venture of the company.
Adani Enterprises' subsidiary, Adani Global Limited, acquired a 50% stake in Monvarex Aluminium Holding RSC Ltd for a cash consideration of ₹0.23 Crore.
Adani Enterprises' subsidiary, Adani Global Limited, acquired a 50% stake in Monvarex Aluminium Holding RSC Ltd. for USD 25,000 to pursue aluminium and coal-to-gas business.
AdaniConneX, a JV of Adani Enterprises, acquired a 100% stake in Chandenvalle Infra Park Limited for a cash consideration of ₹535.69 Crore.
AdaniConneX acquired 100% of Madhuvanti Build Estate for ₹765.25 Crore. The deal adds a land parcel and key licenses for infrastructure development.
Adani Enterprises' step-down subsidiary completed acquisition of Portus Ventures Private Limited. This expands the group's airport city business portfolio.
Adani Enterprises' subsidiary AACL will acquire 100% of Portus Ventures for ₹0.01 Crore. The acquisition expands the company's real estate and hospitality footprint.
Adani Enterprises Limited has allotted 90,11,048 equity shares to shareholders of Adani Emerging Business Private Limited pursuant to a court-approved Composite Scheme of Amalgamation. Consequently, the company's paid-up share capital has increased to 1,30,16,93,464 shares. The new shares will be listed on BSE and NSE, ranking pari-passu with existing shares.