Adani Enterprises’ joint venture (JV) -- AdaniConneX (ACX) has executed a Share Purchase Agreement (SPA) on November 5, 2026 with Vizag Mega Data Center Park (VMDCPL) and Adani Infra (India) (Seller) to acquire 100% stake in VMDCPL. The object of acquisition is to set up infrastructure facilities. The acquisition is expected to be completed by November 10, 2026. The acquisition will be done at a purchase consideration of Rs 1085.51 crore.
Adani Enterprises (AEL), the flagship company of the Adani Group, is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, digital space and others.
