Adani Enterprises Ltd.

Adani Enterprises’ joint venture (JV) -- AdaniConneX has executed a Share Purchase Agreement (SPA) on November 21, 2025 with Trade Castle Tech Park (TCTPPL), Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100% stake in TCTPPL. The object of acquisition is to set up infrastructure facilities. 

The acquisition has been done at a purchase consideration of Rs 231.34 crore and is expected to be completed by end of November 25, 2025.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.