Mumbai, Nov. 24 -- Adani Group joint venture company AdaniConneX (ACX), has purchased a 100 per cent stake in Trade Castle Tech Park (TCTPPL), for Rs 231.34 crore, Adani Enterprises Ltd officially stated in a stock exchange filing on Monday.
"The object of the acquisition is to set up infrastructure facilities. The acquisition is expected to be completed by the end of November 25, 2025," the exchange filing stated.
TCTPPL shares were acquired from its major shareholders, namely Shree Naman Developers and Jayesh Shah, the exchange filing stated, adding that the share purchase agreement (SPA) was signed on November 21, 2025.
AdaniConneX (ACX) is a 50:50 joint venture of Adani Group flagship company Adani Enterprises Ltd (AEL) and data cent...