Adani Enterprises, through its joint venture AdaniConneX Private Limited (ACX), has acquired full ownership of Granthik Realtors Private Limited. The acquisition was executed for a cash consideration of ₹85.99 crore, making ACX the 100% stakeholder in Granthik Realtors.
GRPL, incorporated in May 2023, is yet to commence commercial operations but holds key land assets and infrastructure licenses. This acquisition offers ACX a strategic launchpad to fast-track infrastructure projects across India.
The deal does not fall under related party transactions, and no promoter group interest has been reported. It has been confirmed that the transaction was conducted at arm’s length, ensuring transparency and regulatory compliance.
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Granthik Realtors, registered in Mumbai, operates in the infrastructure development space. While commercial activities are yet to begin, the company has secured approvals and owns a substantial land parcel, making it an attractive acquisition target for expansion-focused infrastructure players like AdaniConneX.
The acquisition aligns with Adani’s long-term strategy to scale its infrastructure footprint through asset-backed companies. GRPL’s land resources and regulatory clearances provide an edge in initiating data centre or logistics projects under ACX, especially as demand for such facilities surges in urban hubs.
On June 27, 2025, Adani Enterprises share price opened at ₹2,587.70 on NSE. As of 1:46 PM, the stock was trading higher by nearly 3% at ₹2,665.50.
Over the past week, it has moved up by 5.63%, over the past month, it has moved up by 1.84%, and over the past 3 months, it has moved up by 11.89%.
By acquiring Granthik Realtors for ₹85.99 crore, AdaniConneX gains access to valuable land and licenses, paving the way for accelerated infrastructure development. This move underlines the Adani Group’s continued investment in future-ready infrastructure assets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Jun 27, 2025, 2:12 PM IST
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