Adani Enterprises Limited announced that its wholly owned subsidiary, Adani Road Transport Limited (ARTL), has successfully completed the acquisition of a 49% shareholding in Sree Vishwa Varadhi Private Limited (SVVPL) on February 17, 2026. The transaction was executed through subscription to fresh equity shares, marking a strategic expansion in the road infrastructure sector. The company received information about the completion at 03:19 PM IST on February 17, 2026.

Acquisition Details

The acquisition involved ARTL subscribing to 9,607 equity shares of INR 10 each in SVVPL, issued at par value. The transaction structure and key parameters are outlined below:

Target Company Profile

Sree Vishwa Varadhi Private Limited was incorporated on September 15, 2025, under the Companies Act, 2013. The company was established specifically to undertake a significant infrastructure project in Bihar state.

Strategic Rationale

The acquisition aligns with ARTL's strategic objective of expanding and strengthening its presence in the roads sector. The transaction provides ARTL with participation in a hybrid annuity model project, which represents a significant infrastructure development initiative in Bihar.

Key strategic benefits include:

• Enhanced presence in Bihar's road infrastructure market
• Participation in government-backed infrastructure projects
• Expansion of ARTL's project portfolio in the roads sector
• Access to hybrid annuity model projects

Regulatory Framework

The acquisition has been completed in compliance with SEBI Listing Regulations, specifically Regulation 30 read with Para A of Part A of Schedule III. The disclosure was also made pursuant to SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The transaction received necessary approval from Bihar State Road Development Corporation Limited, ensuring regulatory compliance for the infrastructure project.

ARTL retains an option to acquire additional stake in SVVPL, subject to obtaining further regulatory approvals. The acquisition does not constitute a related party transaction, as confirmed in the regulatory disclosure.

Future Prospects

The completed acquisition positions ARTL to participate directly in Bihar's road infrastructure development through the J.P. Ganga Path extension project. The hybrid annuity model provides a structured framework for project execution and revenue generation, supporting ARTL's broader infrastructure development strategy.

Adani Enterprises has formally submitted a regulatory disclosure to BSE and NSE under Regulation 30, announcing one of the world's largest integrated energy-compute commitments with a direct investment of USD 100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035. The media release, signed by Company Secretary Jatin Jalundhwala on February 17, 2026, outlines the company's ambitious initiative to establish India as a global leader in the Intelligence Revolution.

Regulatory Filing and Investment Scale

The formal submission to stock exchanges details the massive investment projected to generate significant economic multiplier effects:

The additional USD 150 billion is expected to flow across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and supporting industries, positioning India as both a consumer and creator in the global AI economy.

Strategic Infrastructure Development

The initiative builds on AdaniConneX's existing 2 GW national data centre platform, expanding toward a 5 GW target that will create the world's largest integrated data centre platform. This expansion combines renewable power generation, transmission infrastructure and hyperscale AI compute within a single coordinated architecture.

Chairman Gautam Adani emphasized in the media release: "The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution. Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead."

Enhanced Partnership Strategy

The regulatory disclosure outlines expanded strategic partnerships:

The Group is also in discussions with other major technology players seeking to establish large-scale campuses across India, further cementing its position as India's premier AI infrastructure partner.

Renewable Energy Integration and Manufacturing

Central to the strategy is Adani Green Energy's 30 GW Khavda project, with over 10 GW already operational. The Group has committed to investing another USD 55 billion to expand its renewable energy portfolio, including one of the world's largest battery energy storage systems.

To reduce supply-chain volatility exposure, Adani Group will co-invest in domestic manufacturing partnerships for critical infrastructure components including high-capacity transformers, advanced power electronics, grid systems, inverters and industrial thermal management solutions.

National Integration and Talent Development

The media release highlights alignment with the PM Gati Shakti program, embedding agentic AI across logistics, ports and industrial corridors. A significant portion of GPU capacity will be reserved for Indian AI startups, research institutions and deep-tech entrepreneurs.

Working with leading academic institutions, the Group will establish specialized AI Infrastructure Engineering curricula, applied AI research labs focused on energy and logistics, and a national fellowship program to address the growing skills gap in India's technology sector.