India, June 27 -- AdaniConneX Private Limited (ACX), a joint venture of the Adani Group, has successfully acquired a 100% stake in Granthik Realtors Private Limited (GRPL) for a cash consideration of Rs 85.99 crore. The acquisition was completed on June 26, 2025, following the execution of a Share Purchase Agreement (SPA) with Windson Projects LLP and its nominees, with confirmation received at 5:30 p.m. IST on the same day.
GRPL, incorporated on May 7, 2023, in Mumbai, is engaged in infrastructure development but has not yet commenced commercial operations. The company holds a significant land parcel and has obtained key regulatory approvals, positioning it as a strategic asset for future infrastructure development projects by ACX.
Accor...