Adani Enterprises' Joint Venture Expands Data Center Footprint with New Subsidiary

Adani Enterprises has announced a strategic move in the data center industry through its joint venture, Adani Connex Private Limited (ACX). The company has incorporated a new wholly owned subsidiary, Adani ConneX Hyderabad Three Limited (ACXHTL), marking a significant step in its data center business expansion.

Key Details of the New Subsidiary

Aspect	Details
Name	Adani ConneX Hyderabad Three Limited
Incorporation Date	December 3, 2025
Subscribed Capital	Rs. 1,00,000
Share Structure	10,000 equity shares of Rs. 10 each
Industry	Data Center
Primary Focus	Construction, development, and operation of data centers

Strategic Implications

Adani Enterprises, through its joint venture ACX, will indirectly hold a 50% stake in ACXHTL. This move aligns with the company's broader strategy to strengthen its presence in the data center market in India.

Business Objectives

The primary objectives of ACXHTL include:

Construction of data center facilities
Development of data center infrastructure
Operation of data centers

This expansion into Hyderabad, a key IT hub in India, positions Adani Enterprises to capitalize on the increasing demand for data storage and processing capabilities in the region.

Current Status

ACXHTL is yet to commence business operations, as it has just been incorporated. The company's future performance and impact on Adani Enterprises' financials will be closely watched by investors and industry analysts.

As the digital economy continues to grow, the demand for data center infrastructure is expected to rise. Adani Enterprises' strategic move through this subsidiary formation demonstrates its commitment to playing a role in India's digital infrastructure development.

Investors and stakeholders will likely monitor the progress of this new subsidiary as it begins operations and contributes to Adani Enterprises' data center portfolio.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.22%	-5.41%	-8.44%	-8.59%	-10.16%	+404.68%

Adani Enterprises subsidiary Adani Airport Holdings Limited (AAHL) has completed a significant divestment in its food and beverage business. The company has sold a 25% stake in World Plate Collective Cuisines Limited (WPCCL) to AJ Holding Limited, a UAE-based food and beverage company.

Transaction Details

Aspect	Details
Seller	Adani Airport Holdings Limited (AAHL)
Buyer	AJ Holding Limited
Stake Sold	25% in World Plate Collective Cuisines Limited (WPCCL)
Consideration	Rs. 2.50 lakh (cash)
Shares Transferred	25,000 equity shares
Price per Share	Rs. 10

Ownership Structure Post-Transaction

Shareholder	Stake in WPCCL
Adani Airport Holdings Limited	75%
AJ Holding Limited	25%

The transaction, which was completed on December 2, 2025, has altered the ownership structure of WPCCL. AAHL now holds 75% of the equity shares, while AJ Holding owns the remaining 25%.

About AJ Holding Limited

AJ Holding Limited is described as a non-promoter entity with a significant presence in the food and beverage industry. The company's portfolio includes:

Restaurant operations
Cloud kitchens
Coffee ventures

AJ Holding operates directly or through franchise partnerships across the UAE and India, managing over 15 proprietary F&B brands.

Financial Impact

According to the LODR data provided, WPCCL reported nil turnover for FY 2024-25 and had a negative net worth of Rs. 9.54 lakhs as of March 31, 2025.

This strategic move by Adani Airport Holdings Limited appears to be part of its portfolio management strategy, potentially allowing it to focus on its core airport operations while bringing in a specialized partner for its food and beverage subsidiary.

The transaction underscores the dynamic nature of the Adani Group's business operations and its willingness to forge partnerships in diverse sectors.