Anant Raj Limited has expanded its international operations by incorporating a wholly-owned subsidiary, Anant Raj Cloud Singapore Pte. Ltd., in Singapore on June 15, 2026. The new entity will focus on data center, co-location, and cloud services, including artificial intelligence (AI) services, leveraging the infrastructure being developed by the parent company. This strategic move aims to capitalize on the growing demand for cloud and AI solutions in the region.

The Finance and Investment Committee of the Board of Directors approved the proposal for incorporation on April 27, 2026. The subsidiary has been established with 100% shareholding held by Anant Raj Limited through cash consideration. The initial subscription comprises 1,000 shares of SGD 1 each, amounting to a total share capital of SGD 1,000. The company plans to increase the share capital subsequent to the incorporation.

The subsidiary will operate in the data center and cloud services industry, providing co-location and cloud services, including AI services delivered from the data center and cloud infrastructure currently being developed by Anant Raj. The incorporation aligns with the company's strategy to diversify its offerings and enhance its presence in the digital infrastructure space.

The regulatory approvals required for the incorporation will be obtained as applicable under the laws of Singapore. The intimation regarding the successful incorporation was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Subsidiary

The following table summarizes the key particulars of the newly incorporated subsidiary:

Anant Raj Limited has entered into a Memorandum of Understanding (MoU) with the Haryana Enterprises Promotion Centre (HEPC) to invest approximately ₹25,000 crore for the development of data center and cloud services in the state. The agreement, executed on June 1, 2026, establishes a framework for collaboration between the company and various state government departments, including the Department of Information Technology, Electronics & Communication, and the Department of Industries and Commerce. This strategic initiative aims to expand the company's digital infrastructure business operations within Haryana.

Agreement Details

The MoU was signed during the launch of the "Make in Haryana Policy & Other Sectoral Policies," an event chaired by Shri Nayab Singh Saini, Hon'ble Chief Minister of Haryana. Under the terms of the agreement, the Haryana Government, through HEPC, has committed to providing facilitation and Ease of Doing Business support to ensure the success of the company's initiatives. This collaboration is intended to foster mutual engagement and support substantial investment in the region's digital infrastructure.

Regulatory Compliance

The disclosure regarding this agreement was submitted to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the transaction does not involve any related parties and is not classified as a related party transaction.