Adani Enterprises Unit Sets Up New Subsidiary for Data Center Project

MT Newswires Live

Dec 04

Adani Enterprises (NSE:ADANIENT, BOM:512599) said its joint venture unit AdaniConneX has incorporated a wholly owned subsidiary, AdaniConneX Hyderabad Three, according to a Wednesday filing.

The new entity has a subscribed capital of 100,000 Indian rupees. It will undertake construction, development and operations of a data center, the filing said.

Adani Enterprises will indirectly hold 50% in the subsidiary through its 50:50 joint venture structure in AdaniConneX, it added.

Shares of Adani Enterprises rose over 1% in Thursday's trade.

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It will undertake construction, development and operations of a data center, the filing said.</p><p>Adani Enterprises will indirectly hold 50% in the subsidiary through its 50:50 joint venture structure in AdaniConneX, it added.</p><p>Shares of Adani Enterprises rose over 1% in Thursday's trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6051","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588009661","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588009661","pubTimestamp":1764834149,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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