Adani Enterprises Ltd.

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

Date: 29-05-2024

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.