Adani Group company acquires 100 per cent stake of Granthik Realtors Private Limited

The stock is up over 30 per cent from its 52-week low of Rs 2,026.90 per share and has given multibagger returns of 1,530 per cent in 5 years.

AdaniConneX Private Limited (ACX), a joint venture of Adani Enterprises Ltd., has completed the acquisition of a 100 per cent stake in Granthik Realtors Private Limited (GRPL). This acquisition was finalised on June 26, 2025, through a Share Purchase Agreement with Windson Projects LLP and its nominees, for a cash consideration of Rs 85.99 crore. GRPL, incorporated in India on May 7, 2023, has an authorised share capital of INR 10,00,000 and a paid-up share capital of Rs 1,00,000. Although GRPL is yet to commence commercial activities, it possesses a significant land parcel and has secured key licenses to begin infrastructure activities.

The object of this acquisition is the development of various infrastructure facilities, providing ACX with a strategic head start due to GRPL's existing assets and licenses. The transaction is not considered a related party transaction. This move aligns with AdaniConneX's broader strategy to expand its digital infrastructure footprint, including building a 1GW data centre platform across India by 2030, leveraging such strategic land acquisitions to accelerate project timelines and integrate vertically within its infrastructure development ambitions.

About Adani Enterprises Ltd

, the flagship company of the Adani Group, is a diversified conglomerate with interests in mining, resource management, infrastructure development and more. Founded in 1993, it acts as an incubator for new ventures within the Adani Group, with several successful companies like Adani Power and Adani Ports starting under its wing. AEL itself is a major player in India's Integrated Resources Management (IRM) business, importing and selling coal, while also operating its mining projects in India, Indonesia and Australia. Beyond mining, Adani Enterprises is involved in solar power generation through its subsidiary Adani Solar, the largest integrated solar manufacturer in India. They are also developing data centres and working on road infrastructure projects. Notably, the Adani Group recently entered the airport sector by winning the rights to operate and modernise six airports across India.

A strong performer with a market cap of Rs 3.05 lakh crore, the company has consistently delivered impressive profit growth of 37 per cent CAGR over the last 5 years. According to the Quarterly Results (Q4FY25) and annual results (FY25), the company posted amazing numbers. The stock is up over 30 per cent from its 52-week low of Rs 2,026.90 per share and has given multibagger returns of 1,530 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.