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SAURABH SAHU

22nd Nov · SEBI-Registered Analyst

Adani Enterprises Acquires Trade Castle Tech Park for ₹231.34 Cr

**Adani Enterprises Acquires Trade Castle Tech Park for ₹231.34 Cr** Adani Enterprises Ltd, via its joint venture **AdaniConneX Private Ltd**, has entered into a Share Purchase Agreement to acquire **100% equity** in **Trade Castle Tech Park Pvt Ltd** for **₹231.34 crore** in cash. Trade Castle Tech Park owns a large land parcel and holds secured infrastructure licenses, though it has yet to begin commercial operations. The deal aligns with Adani’s **long-term strategy to expand its infrastructure footprint**, particularly in real estate and tech-park development. Management expects the acquisition to be completed by **end-November 2025**. Notably, this is **not a related-party transaction**, according to the disclosure. No financial forecasts, earnings guidance, or detailed commentary were included in the announcement. --- **Disclaimer:** Not investment advice. **Follow for more financial updates.**

ADANIENT

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