Khaitan & Co advises AdaniConneX on ₹765 crore acquisition of Madhuvanti Build Estate
AdaniConneX, a joint venture between Adani Enterprises Limited and EdgeConneX, has acquired a 100% stake in Madhuvanti Build Estate Limited, a company incorporated to undertake infrastructure operations, for a consideration of ₹765.25 crore. Khaitan & Co advised AdaniConneX on this acquisition. The firm conducted a comprehensive due diligence on Madhuvanti Build Estate and drafted the share purchase agreement for acquiring 100% shareholding. The transaction team consisted of Ashraya Rao (Partner), Unnita Bhattacharya (Principal Associate), Alankrita Singh (Senior Associate) and Palak Sheth (Associate).
Sources
- Bar & Bench - Dealstreet
- BSE corporate announcements · official
- NSE corporate announcements · official
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