-26.05 (-1.27%) Adani Enterprises (AEL) has divested its 100% stake in DC Development Hyderabad (DCDHPL) and Naida Data Center (NDCL), Wholly Owned Subsidiary (WoS) Companies to AdaniConnex (50% Joint Venture Company of AEL with EdgeConneX Europe B.V. The said transaction is completed on February 22, 2022. Consequently, DCDHPL and NDCL have ceased as WoS of the Company.
Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.