Adani JV acquires Trade Castle Tech Park for ₹231 crore
pre-market1 source ↓written by the desknot a recommendation
- in Trade Castle
- 100% stake
- Tech Park
- ₹231.34 crore
- to finalize
- 25 Nov 2025
- Stake acquired
- 100%
AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and EdgeConneX, has acquired a 100% stake in Trade Castle Tech Park for ₹231.34 crore. The acquisition aims to establish infrastructure facilities and is expected to finalize by 25 Nov 2025. This move may enhance ACX's capabilities in the data center sector.
• Acquisition value: ₹231.34 crore
• Completion date: 25 Nov 2025
• Stake acquired: 100%
Immediate market implications include potential growth in ACX's operational capacity.
Not investment advice. For informational purposes only.