Adani Enterprises Limited — JV/Acquisition, 11-06-2026: Acquisition

Adani Enterprises' JV, AdaniConneX, just completed the acquisition of 100% stake in Madhuvanti Build Estate Limited (MBEL) for INR 765.25 Cr. While MBEL currently has no turnover, this strategic move provides a massive head start. MBEL brings a sizable land parcel and key licenses for infrastructure development, enabling swift project execution. This acquisition is crucial for accelerating AdaniConneX's growth in the infrastructure sector and boosting future facility deployment.