Mergers #demerger#anant raj
Anant Raj to Demerge Data Centre Business, Create Separate Listed Entity
Realty firm Anant Raj Ltd will demerge its data centre and cloud services business into a separate listed entity, Ashok Cloud Pvt Ltd, under a composite scheme of arrangement. The move aims to consolidate the data centre vertical and unlock shareholder value, as the company reported a profit of Rs 557 crore for FY2025-26.
Jul 21, 2026 1 source