New Delhi, Dec. 2 -- Adani Enterprises Ltd on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer which owns sizeable land parcels.
"AdaniConneX Pvt Ltd has completed the acquisition of 100 per cent stake of Trade Castle Tech Park Pvt Ltd and thereby TCTPPL has become a step-down joint venture of the company," AEL said in a stock exchange filing.
AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data centre operator EdgeConneX, had executed a share purchase agreement on November 21, 2025 with TCTPPL and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100 per cent stake in TCTPPL.
"TCTPPL is incorporated in India and r...