Adani Enterprises JVC incorporates new subsidiary, Pune Data Center

10 Feb 2022 , 02:38 PM

Adani Enterprises Limited informed the exchanges Wednesday that AdaniConnex Private Limited, Joint Venture of the Company with EdgeConnex Europe BV has incorporated a wholly-owned subsidiary (WOS) namely, Pune Data Center Limited (PDCL), on February 9, 2022, with an Initial Authorized and Paid-Up Share Capital of Rs1 lakh each.

PDCL has been incorporated to undertake business to develop, operate, maintain, deal with data centers, Information Technology (IT) / Information Technology Enabled Services (ITES) / Cloud, providing services related thereto and to undertake activities associated with its infrastructure development including land acquisition 8- development for the said purpose, company said in a filing.

PDCL will commence its business operations in due course. 
At around 2.40 pm, Adani Enterprises Ltd was trading at Rs1,783.80 per share up by Rs0.3 or 0.02% from its previous closing of Rs1,783.50 per share on the BSE.