Anant Raj Merger & Restructuring Worth ₹145.9 Cr
Anant Raj Limited is demerging its Data Center Business into Ashok Cloud Private Limited. Existing shareholders will receive shares in the resultant company on a 1:1 ratio.
- Value
- ₹145.9 Cr
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Anant Raj Limited is demerging its Data Center Business into Ashok Cloud Private Limited. Existing shareholders will receive shares in the resultant company on a 1:1 ratio.
Anant Raj Limited has approved a composite scheme to demerge its Data Center Business into Ashok Cloud Private Limited. The resulting entity will seek listing.
Anant Raj Ltd approved a composite scheme of arrangement involving the merger of its subsidiary ARCPL and the subsequent demerger of its Data Centre business.
Anant Raj Limited has acquired Ashok Cloud Private Limited for ₹74.86 Crore. The acquisition aims to expand the company's data center and cloud business footprint.
Anant Raj Ltd completed the acquisition of equity shares in Ashok Choud Private Limited. The total acquisition value is ₹78.46 Crore.