Adani Enterprises Limited, through its joint venture AdaniConneX Private Limited, has completed the acquisition of a 100% stake in Vizag Mega Data Center Park Limited (VMDCPL). This development follows the execution of a share purchase agreement signed earlier on November 6, 2026, with Adani Infra (India) Limited acting as the seller. The acquisition aligns with the strategic expansion plans of AdaniConneX, a partnership between Adani Enterprises and EdgeConneX.
The acquisition of VMDCPL has transformed it into a subsidiary of AdaniConneX, reinforcing Adani's footprint in India’s data centre landscape. Located in the technologically burgeoning city of Vizag, the new acquisition is expected to bolster the region's digital infrastructure and services. The explicit terms of the share purchase agreement, including financial particulars, were not disclosed in the current filing.
The strategic move is integral to Adani Enterprises' broader vision of enhancing its digital presence across India and meeting the growing demand for data management and cloud services. The new parent organisation, AdaniConneX, which harnesses the combined strengths of Adani’s extensive infrastructure and energy...