BSECompany Update3d ago · 6 Nov 2026, 12:13 pm

Intimation for execution of Share purchase agreement between AdaniConneX Private Limited, a joint venture Company with Adani Infra (India) Limited

Adani Enterprises Ltd · 512599

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Adani Enterprises Ltd has executed a Share Purchase Agreement with Vizag Mega Data Center Park Limited, a joint venture company with Adani Infra (India) Limited, to acquire 100% stake in the latter. The acquisition is expected to be completed by November 10, 2026, at a purchase consideration of INR 1085,51,42,595.

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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Adani Enterprises Ltd - 512599 - Intimation For Signing Share Purchase Agreement Between Adaniconnex Private Limited, A Joint Venture Of The Company With Adani Infra (India) Limited

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06.11.2026 BSE Limited National Stock Exchange of India Limited PJ Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001. Bandra: Mumbai – 400051 Scrip Code : 512599 Scrip Code : ADANIENT Dear Sir/Madam, Sub: Intimation for signing Share Purchase Agreement between AdaniConneX Private Limited, a joint venture of the Company with Adani Infra (India) Limited. Ref.: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. With reference to the captioned subject, we would like to inform you that AdaniConneX Private Limited (“ACX”), a joint venture of the Company has executed a Share Purchase Agreement (“SPA”) on November 5, 2026 with Vizag Mega Data Center Park Limited (“VMDCPL”) and Adani Infra (India) Limited (“Seller”) to acquire 100% stake in VMDCPL. The information in this regard has been received by the Company on November 06, 2026 at 11:49 AM. The details of the above acquisition (as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026) are enclosed as Annexure 1. You are requested to take the same on your records. Thanking you, Yours faithfully, For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. FCS-3064 Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421 Annexure 1 Sr. Particulars Details a) Name of the target entity, details in i) Vizag Mega Data Center Park Limited brief such as size, turnover etc. ii) Authorised Share Capital: INR 1,00,000/- iii) Paid-up Share Capital: INR 1,00,000/- iv) Turnover: Nil (Vizag Mega Data Center Park Limited is yet to commence commercial activities) b) Whether the acquisition would fall The acquisition by ACX is not a related party within related party transaction(s) and transaction for the Company, as per the whether the promoter/ promoter provisions of SEBI LODR. group/ group companies have any interest in the entity being acquired? If The target entity is controlled, directly/ indirectly, yes, nature of interest and details thereof and whether the same is done by the promoter/ promoter group of the Company. at “arms length”. The transaction has been done at arms’ length basis. c) Industry to which the entity being Infrastructure development activities. acquired belongs d) Objects and effects of acquisition The object of acquisition is to set up (including but not limited to, disclosure infrastructure facilities. of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) e) Brief details of any governmental or No regulatory approvals required for the acquisition. f) Indicative time period for completion of The acquisition is expected to be completed by the acquisition November 10, 2026. g) Nature of consideration - whether cash Cash consideration against shares. consideration or share swap and details of the same; h) Cost of acquisition or the price at which The acquisition will be done at a purchase the shares are acquired; consideration of INR 1085,51,42,595 i) Percentage of shareholding / control Acquisition of 100% equity stake of Vizag Mega acquired and / or number of shares Data Center Park Limited by ACX. acquired; j) Brief background about the entity Vizag Mega Data Center Park Limited is acquired in terms of products/line of incorporated in India and registered with the business acquired, date of Registrar of Companies, Gujarat at Ahmedabad on incorporation, history of last 3 years 3rd February 2026 with an object for carrying out turnover, country in which the acquired Infrastructure development activities. While entity has presence and any other Vizag Mega Data Center Park Limited is yet to significant information (in brief); commence commercial activities, it owns a Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421 Sr. Particulars Details sizeable land parcel and have secured key licenses to commence infrastructure activities, which would give a head start to ACX. Vizag Mega Data Center Park Limited is yet commence its business operations. For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. FCS-3064 Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421