Anant Raj Ltd. (ANANTRAJ) — Tipsheet https://tipsheet.markets/company/anantraj/ Every Tipsheet Editorial note covering Anant Raj Ltd. (ANANTRAJ), newest first. Grounded in BSE/NSE primary-source filings. en-in Tue, 21 Jul 2026 21:56:14 GMT Anant Raj to demerge data centre business into separate listed firm https://tipsheet.markets/anantraj-anant-raj-to-demerge-data-centre-business-into-separate-listed-firm-125209/ https://tipsheet.markets/anantraj-anant-raj-to-demerge-data-centre-business-into-separate-listed-firm-125209/ Tue, 21 Jul 2026 19:02:03 GMT Board approves composite scheme to hive off Ashok Cloud, with 1:1 share entitlement. Move creates two pure-play entities and may create value. Board approves composite scheme to hive off Ashok Cloud, with 1:1 share entitlement. Move creates two pure-play entities and may create value.

What’s new

  • Board approves demerger of data centre and cloud business into Ashok Cloud Private Limited.
  • Shareholders to receive one Ashok Cloud share for each Anant Raj share held.
  • Scheme subject to NCLT, SEBI, stock exchange, shareholder, and creditor approvals.

Why it matters

Anant Raj is splitting into a real estate company and a pure-play digital infrastructure firm. The move gives each business a dedicated management and valuation, potentially re-rating the high-growth data centre arm. For a mid-cap like Anant Raj (market cap ₹18,805 cr), this restructuring could attract sector-focused investors and boost valuations.

What we’re watching

  • Timeline for regulatory approvals from NCLT, SEBI, and exchanges.
  • Whether the data centre business' earnings visibility justifies a standalone premium.
  • Any changes in shareholder structure post-demerger.

The full read

Anant Raj's board approved a composite scheme to demerge its data centre and cloud business into Ashok Cloud Private Limited, which will be listed separately. Shareholders get one Ashok Cloud share for each Anant Raj share held — a direct pass-through of the high-growth digital infrastructure business. The restructuring leaves Anant Raj as a pure real estate and infrastructure play, while Ashok Cloud becomes a dedicated digital infrastructure company. The move is subject to NCLT, SEBI, stock exchange, shareholder, and creditor approvals. For a company with a market cap of ₹18,805 cr and trailing PAT growth of 26.9%, the demerger could create value by allowing each business to trade on its own fundamentals. The digital infra segment, with its own management and listing, may attract a different investor base. That's the opportunity. The risk is the approval timeline and execution.

Primary source: BSE · NSE

]]> M&A Tipsheet Editorial Anant Raj splits real estate and data centre into two listed firms https://tipsheet.markets/anantraj-anant-raj-splits-real-estate-and-data-centre-into-two-listed-firms-125181/ https://tipsheet.markets/anantraj-anant-raj-splits-real-estate-and-data-centre-into-two-listed-firms-125181/ Tue, 21 Jul 2026 18:44:11 GMT Board approves composite scheme: merger of Anant Raj Cloud into parent, then demerger into Ashok Cloud with a 1:1 share swap. Demerged business had ₹145.90 cr turnover, 9% of combined FY26 revenue. Board approves composite scheme: merger of Anant Raj Cloud into parent, then demerger into Ashok Cloud with a 1:1 share swap. Demerged business had ₹145.90 cr turnover, 9% of combined FY26 revenue.

What’s new

  • Board approves demerger of data centre business into Ashok Cloud with 1:1 share entitlement for Anant Raj shareholders.
  • Anant Raj Cloud merges into parent first, then data centre vertical is hived off.
  • Anant Raj retains a 51% stake in Ashok Cloud post-demerger.

Why it matters

The demerger turns two overlapping businesses into pure-play listed entities. For Anant Raj, it removes the capital-heavy data centre drag; for Ashok Cloud, it opens a direct growth story. The 9% revenue share meets materiality thresholds, and the 1:1 ratio gives existing shareholders proportional upside.

What we’re watching

  • Shareholder and NCLT approval timelines: the scheme is subject to clearance.
  • Listing of Ashok Cloud on BSE and NSE and indicative valuation.
  • Any strategic investor interest in the demerged entity given data centre tailwinds.

The full read

Anant Raj's board has followed through on its May signal to split real estate and data centres into separate listed companies. The mechanics: merge wholly owned Anant Raj Cloud into the parent, then demerge the consolidated data centre business into Ashok Cloud. Shareholders get one Ashok share per Anant Raj share, while the parent keeps a 51% stake. The demerged vertical clocked ₹145.90 crore in FY26 turnover, 9% of combined revenue. That share meets materiality thresholds for a mid-cap, and listing will give the data centre business its own valuation, free from the real estate multiple. Approvals from shareholders, creditors, and NCLT remain pending. What changes from here: the structure is known; the price tag on Ashok Cloud is not.

Primary source: BSE · NSE

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