AdaniConneX Accelerates Growth: Acquires Granthik Realtors for ₹85.99 Crore

AdaniConneX Accelerates Growth: Acquires Granthik Realtors for ₹85.99 Crore

A Strategic Leap for Data-Center and Infrastructure Expansion

AdaniConneX Pvt Ltd, the dynamic joint venture between Adani Enterprises Ltd (AEL) and EdgeConneX, has made a bold move to strengthen its infrastructure capabilities with the acquisition of a 100% equity stake in Granthik Realtors Pvt Ltd for ₹85.99 crore. The deal, finalized on June 26, 2025, through a share purchase agreement with Windson Projects LLP and its nominees, marks a significant milestone in AdaniConneX’s journey to redefine India’s digital infrastructure landscape.

Unlocking Potential: Land Assets and Licenses

Granthik Realtors, incorporated in Mumbai in May 2023, has yet to commence commercial operations but holds a portfolio of valuable land parcels and essential development licenses. These assets are set to provide AdaniConneX with a strategic edge, enabling the company to fast-track critical infrastructure and data-center projects across Mumbai and other key cities.

A Vision for Accelerated Development

AdaniConneX’s acquisition is more than a financial transaction—it is a strategic play to bolster its infrastructure capabilities through targeted asset acquisition. The company’s regulatory filing highlights that the deal was conducted at arm’s length and settled entirely in cash, ensuring transparency and compliance with industry standards.

Empowering India’s Digital Future

With Granthik Realtors’ land assets and regulatory approvals already in place, AdaniConneX is well-positioned to accelerate its upcoming projects, particularly in the development of hyperscale and edge data centers. This move underscores AdaniConneX’s commitment to supporting India’s digital transformation and meeting the growing demand for robust, scalable infrastructure in major urban centers.

A Foundation for Innovation and Growth

As AdaniConneX integrates Granthik Realtors’ assets into its portfolio, the company is poised to deliver cutting-edge solutions that will shape the future of India’s digital economy. This acquisition not only enhances AdaniConneX’s project pipeline but also reinforces its reputation as a leader in infrastructure innovation and execution.