Archive · 23 Nov 2025
Adani Group Acquires Trade Castle Tech Park for ₹231 Cr
Adani Group's joint venture, AdaniConneX, bought a company called Trade Castle Tech Park for 231 crore rupees.
This company owns a lot of land and has permits to start building infrastructure.
AdaniConneX wants to use this land to build infrastructure facilities.
AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd (AEL) and EdgeConneX, acquired Trade Castle Tech Park (TCTPPL)
Acquisition cost: ₹231.34 crore
ACX to acquire 100% stake in TCTPPL
TCTPPL owns sizeable land parcels and has secured key licenses for infrastructure activities
Acquisition expected to be completed by end of November 2025
- Who
- AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd (AEL) and EdgeConneX
- What
- Acquired Trade Castle Tech Park (TCTPPL)
- When
- November 21, 2025
- Where
- India
- Why
- To set up infrastructure facilities
- Acquisition Cost
- ₹231.34 crore
- Acquiring Company
- AdaniConneX (ACX)
- Acquired Company
- Trade Castle Tech Park (TCTPPL)
- Stake Acquired
- 100%
- Expected Completion Date
- End of November 2025