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Adani Enterprises’ JV completes acquisition of 100% stake in Giridhari Build Estate
Jan-01-2026

Adani Enterprises’ joint venture -- AdaniConneX (ACX) has completed the acquisition of 100% stake of Giridhari Build Estate (GBEL) on December 31, 2025. The object of acquisition is to set up infrastructure facilities. The acquisition is done at a purchase consideration of Rs 366.65 crore.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

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