Anant Raj demerger: Data centre arm to spin out as separate listed company, what lies ahead for 4 lakh shareholders

Anant Raj announced a restructuring scheme to consolidate all data centre and cloud operations under one entity and subsequently demerge them into a separate listed company called Ashok Cloud, focused on data centre, co-location, sovereign public cloud, AI-ready cloud infrastructure and related services. Eligible shareholders will receive two shares of Ashok Cloud for every share held in Anant Raj as on the record date, with the scheme subject to NCLT and SEBI approvals. The demerger aims to create two focused businesses, one in real estate and infrastructure and the other in digital infrastructure, with Anant Raj shares gaining about 1.5% to Rs 618 on the announcement.