AdaniConneX Acquires GRPL for Infrastructure Expansion

  Published 1 year ago

AdaniConneX acquires GRPL for Rs 85.99 crore in a non-related party deal to expand infrastructure projects with strategic land and licenses.

  • GRPL, incorporated in 2023, holds strategic land and licenses but hasn't started commercial operations yet.
  • The Rs 85.99 crore acquisition supports AdaniConneX's infrastructure expansion strategy in development projects.
  • Adani Enterprises, the Adani Group's flagship, invests in airports, tech parks, roads, data centers, and water.

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