Skip to main content

MoneyWorks4Me

Adani Enterprises’ JV completes acquisition of 100% stake in Terravista Developers

29 May 2024 Evaluate

AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, has completed the acquisition of 100% stake of Terravista Developers (TDPL) from Adani Infrastructure Developers (AIDPL) on May 28, 2024. The object of acquisition is to set up infrastructure facilities. The acquisition is done at a purchase consideration of Rs 296.11 crore.

Adani Enterprises is the flagship company of Adani Group, one of India’s largest business organisations.


Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.25
Maxgrow India 175.85
Rashi Peripheral 866.45
View more..