AdaniConnex Completes Acquisition of Giridhari Build Estate For ₹3.67 Billion

Adani Enterprises Ltd. said its joint venture arm, AdaniConnex Pvt. Ltd., has completed the acquisition of a 100% equity stake in Giridhari Build Estate Ltd. on December 31, 2025.

The acquisition was completed through a cash consideration of ₹3.67 billion, the company informed the stock exchanges.

The acquisition will help facilitate the setting up of infrastructure facilities and enable a faster start to infrastructure-related activities, as the acquired entity has already secured key licences, the company said.