Adani Enterprises joint venture AdaniConneX has signed a share purchase agreement to acquire a 100% stake in Vizag Mega Data Center Park. The company plans to complete this transaction by November 10, 2026, for a total purchase consideration of ₹1085.51 crore. This move marks a step in the firm’s ongoing expansion into the digital infrastructure space.
AdaniConneX executed the agreement on November 5, 2026, with the seller, Adani Infra (India). The acquisition aims to establish infrastructure facilities through the newly acquired entity. Adani Enterprises acts as an incubator for various businesses, including new energy ecosystems, airports, roads, and copper, alongside its core operations in integrated resources management and mining services.
The company stated that the primary objective for this acquisition is the development of infrastructure facilities. Adani Enterprises continues to focus on establishing new business areas in the digital space and other sectors as part of its broader corporate strategy.
Based on company and agency reports. For information only; not investment advice.