
Real estate firm Anant Raj Ltd on July 21 said it will demerge its data centre vertical into a separate listed entity for further growth. Delhi-based Anant Raj presently operates two distinct business verticals: a real estate business and a data centre and cloud services business, with the latter run through Anant Raj Ltd and its subsidiary Anant Raj Cloud Pvt Ltd (ARCPL). The move marks a formal step toward separating two businesses that have, over recent years, developed increasingly different growth profiles under the same corporate umbrella.
According to a regulatory filing, the board approved a composite scheme of arrangement amongst Anant Raj Ltd, ARCPL (amalgamating company) and Ashok Cloud Pvt Ltd (resultant company), along with their respective shareholders and creditors. The scheme provides for the amalgamation of ARCPL with and into Anant Raj Ltd, followed by the demerger of the data centre business from Anant Raj Ltd into Ashok Cloud. This will result in the consolidation of the data centre business in Ashok Cloud and its segregation from Anant Raj Ltd's real estate business, effectively splitting the group's operations into two independently structured companies once complete.
Existing shareholders of Anant Raj Ltd would receive shares in Ashok Cloud Pvt Ltd pursuant to the demerger, giving them a direct stake in both the resulting real estate entity and the newly independent data centre business rather than holding exposure to a single combined company.
The demerger comes on the back of a strong FY26 for Anant Raj. The company's profit grew to ₹557.02 crore from ₹425.82 crore in the preceding year, while total income increased to ₹2,579.08 crore from ₹2,100.28 crore. This growth across both profit and revenue provides useful context for the timing of the restructuring, coming at a point when the underlying businesses are performing well rather than during a period of financial strain.
Also Read: Anant Raj Signs ₹20,000 Crore Data Centre Investment MoU
On the rationale for the demerger, Anant Raj said the data centre business has evolved significantly over the years and is well poised to chart its own growth path and operate as a separate listed entity, while continuing to leverage Anant Raj Ltd's institutional strengths, strong brand equity and goodwill. The company said the scheme is intended to consolidate the entire data centre business within a single dedicated corporate entity and facilitate the creation of two dedicated listed companies focused on separate business verticals, each with the ability to pursue its own capital and growth strategy independently of the other.
Anant Raj Ltd is one of the leading real estate developers in the country, with a presence in Delhi-NCR, Haryana, Andhra Pradesh and Rajasthan. Its data centre and cloud services arm has grown into a significant part of the group's operations in recent years, forming the basis for its planned separation into a standalone listed company under the Ashok Cloud structure.
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