Adani Enterprises plans ₹40,000 cr annual Capex

Adani Enterprises plans ₹40,000 cr annual capex over two years ADANIENT SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Adani Enterprises Ltd plans to spend between ₹35,000 crore and ₹40,000 crore annually over the next couple of years, with airports, data centres and its proposed PVC complex emerging as the biggest investment drivers as the conglomerate steps up expansion across its infrastructure businesses. "We expect to do capex at a run rate of around ₹40,000 crore. So, we may be somewhere in the range of ₹35,000 crore to ₹40,000 crore, which is the rate we expect to continue over the next couple of years," Manan Vakharia, head of finance at Adani Enterprises, said during the company's earnings call. The planned spending comes as the group seeks to scale up businesses built over recent years, including airports and data centres, while bringing its large manufacturing investments closer to commercial operation. All this is for information This is not a buy/sell recommendation. SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Thank you, Technofunda24