AdaniConneX JV acquires 100% stake in Chandenvalle Infra Park for 535.69 crores

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

ADANIENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹3159.30

prior close

₹3170.00

announcement price

After-mkt

timing

Nifty 100market+0.2%-0.2% vs market

Metals & Minerals Trading peers, median of 12sector · industry level+0.1%-0.1% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.1 pts less than its Metals & Minerals Trading peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.4

15m

-0.4

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.2-0.2+0.1-0.1

Next day

-9.5-0.2-9.3-0.1-9.4

-9.4-0.5-9.0-0.6-8.8

-8.6-0.9-7.6-1.5-7.1

-8.5-1.1-7.4-0.9-7.5

-6.9-1.0-5.8+0.1-7.0

-6.5-1.9-4.6-0.9-5.6

15d

-5.8-2.9-3.0-2.3-3.5

-10.4-5.4-4.9+1.0-11.4

-21.6-6.5-15.2-5.6-16.0

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UpDownMarket · Nifty 100Sector · Metals & Minerals Trading peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

AdaniConneX Private Limited (ACX), a joint venture of Adani Enterprises, acquired 100% equity stake in Chandenvalle Infra Park Limited (CIPL) from Adani Power for INR 535.69 crores in cash. CIPL has nil turnover and is yet to start commercial operations, but owns a sizeable land parcel and key licenses for infrastructure development. The acquisition will help ACX set up data center infrastructure facilities. Deal completed on 27th August 2026.

Likely market impact

Strengthens Adani Enterprises' data center growth via its ACX JV with ready land and licenses. CIPL has no current revenue, so near-term earnings impact is limited.