Adani Enterprises Limited (AEL) has announced a significant corporate action involving its wholly-owned subsidiary, Adani Airport Holdings Limited (AAHL). The move sees AAHL divesting a quarter of its stake in a food services company, reshaping the ownership structure of its subsidiary.

Key Details of the Transaction

AAHL has executed a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) with World Plate Collective Cuisines Limited (WPCCL) and AJ Holding Limited. The transaction involves AAHL selling 25% of its stake in WPCCL to AJ Holding Limited.

Implications and Governance

The divestment alters the ownership structure of WPCCL, which was previously a wholly-owned subsidiary of AAHL. Following the transaction, WPCCL will operate as a joint venture between AAHL and AJ Holding Limited.

Corporate Structure and Relationships

• AAHL remains a wholly-owned subsidiary of Adani Enterprises Limited.
• WPCCL, previously fully owned by AAHL, will now be 75% owned by AAHL.
• AJ Holding Limited is not part of the Adani Group's promoter or promoter group.

Regulatory Compliance

This corporate action has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited.

Timing and Execution

The Share Purchase Agreement and Joint Venture Agreement were executed on November 10, 2025. Adani Enterprises Limited received the intimation from AAHL on the same day at 3:46 PM, promptly disclosing this material information to the stock exchanges.

This strategic move by Adani Enterprises' subsidiary reflects the group's ongoing efforts to optimize its portfolio and potentially create value through partnerships in its various business segments.

Adani Enterprises Chairman Gautam Adani has shared his optimistic outlook on the potential impact of an upcoming data centre in Visakhapatnam. In a column published in the Times of India, Adani expressed his belief that this infrastructure project would yield benefits for India on multiple fronts.

Strategic Importance of Data Centres

Data centres are crucial components of modern digital infrastructure, serving as hubs for storing, processing, and distributing large amounts of data. The establishment of a new data centre in Visakhapatnam, a major port city in the state of Andhra Pradesh, could have significant implications for the region and the country as a whole.

Potential Benefits for India

According to Adani, the benefits of this data centre project could be far-reaching:

1. Economic Growth: The data centre could attract further investments in the technology sector, potentially creating new job opportunities and boosting the local economy.

2. Digital Infrastructure: Enhancing India's data storage and processing capabilities could support the country's growing digital economy and e-governance initiatives.

3. Data Sovereignty: A domestic data centre could help in keeping critical data within national borders, addressing data privacy and security concerns.

4. Technological Advancement: The presence of a state-of-the-art data centre could foster innovation and technological development in the region.

5. Global Competitiveness: Improved digital infrastructure could enhance India's position as a global IT and services hub.

While specific details about the data centre's capacity, investment value, or timeline were not provided in the chairman's statement, the project appears to align with India's broader goals of digital transformation and economic development.

As this development unfolds, it will be interesting to observe how the Visakhapatnam data centre contributes to India's digital landscape and economic growth in the coming years.