Realty firm Anant Raj Ltd on Tuesday announced a plan to demerge its data centre and cloud services business into a separate listed entity, a strategic restructuring aimed at unlocking value and sharpening focus on two distinct verticals.
Demerger Structure
The board approved a composite scheme of arrangement among Anant Raj Ltd, its wholly-owned subsidiary Anant Raj Cloud Pvt Ltd (ARCPL) , and Ashok Cloud Pvt Ltd, according to a regulatory filing. Under the scheme, ARCPL will first amalgamate into Anant Raj Ltd. Thereafter, the entire data centre business will be demerged from Anant Raj Ltd into Ashok Cloud Pvt Ltd. This results in the consolidation of all data centre operations within Ashok Cloud, while the real estate business remains with Anant Raj.
Existing shareholders of Anant Raj Ltd will receive shares in Ashok Cloud Pvt Ltd, proportionate to their holdings, pursuant to the demerger. the scheme is subject to shareholder, creditor, and regulatory approvals.
Financial Performance
For the fiscal year 2025-26, Anant Raj Ltd reported a profit of Rs 557.02 crore, up from Rs 425.82 crore in the previous year. Total income rose to Rs 2,579.08 crore, compared with Rs 2,100.28 crore in FY25. The data centre business has been a significant growth driver, and the demerger is expected to provide a clearer valuation for both verticals.
| Metric | FY2025-26 | FY2024-25 | Change (%) |
|---|---|---|---|
| Profit (Rs crore) | 557.02 | 425.82 | +30.8% |
| Total Income (Rs crore) | 2,579.08 | 2,100.28 | +22.8% |
Strategic Rationale
Anant Raj said the data centre business "has evolved significantly over the years and is well poised to chart its own growth path and operate as a separate listed entity...whilst continuing to leverage Anant Raj Ltd’s institutional strengths, strong brand equity and goodwill."
The company emphasised that the scheme will create two dedicated listed companies focused on separate business verticals — real estate and digital infrastructure — allowing each to pursue independent growth strategies and attract targeted capital.
Company Background
Anant Raj Ltd, headquartered in Delhi, is one of India's leading real estate developers with a presence in Delhi-NCR, Haryana, Andhra Pradesh, and Rajasthan. It currently operates two distinct business verticals: real estate and data centre and cloud services. The data centre business has been run through Anant Raj Ltd and its subsidiary ARCPL.
The demerger is expected to sharpen the strategic focus of both entities and enable investors to directly participate in the high-growth data centre sector. The next milestone for the scheme will be securing approvals from shareholders, creditors, and the National Company Law Tribunal (NCLT).
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