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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Anant Raj Ltd-$

Anant Raj Board Approves Composite Scheme to Demerge Data Centre Business

M&A ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 21 Jul 2026, 06:39 PM IST  ·  BSE ID: 1baabce2-204c-4a38-8d8a-ede9b9a4071a
View Original BSE Filing (PDF)
💡
In Simple Terms
Anant Raj's board approved a plan to separate its real estate business from its data center operations into two distinct companies.
🤖 AI Summary
  • Anant Raj Board approved a Composite Scheme of Arrangement for demerging its Data Centre Business.
  • The scheme merges Anant Raj Cloud Private Limited (ARCPL) into Anant Raj Limited (ARL).
  • Data Centre Undertaking will then demerge from ARL into Ashok Cloud Private Limited (ACPL).
  • ARL reported a turnover of Rs. 1,491.52 Crores and net worth of Rs. 4,471.64 Crores as on March 31, 2026.
  • ARCPL and ACPL are wholly-owned subsidiaries of Anant Raj Limited.
🔢 Key Numbers — exact figures from BSE filing, not rounded
ARL Paid-up Share Capital (As on Date)
71.98 Crores
ARL Turnover (As on 31st March, 2026)
1,491.52 Crores
ARL Net Worth (As on 31st March, 2026)
4,471.64 Crores
ARCPL Paid-up Share Capital (As on Date)
2.50 Crores
ARCPL Turnover (As on 31st March, 2026)
136.20 Crores
ARCPL Net Worth (As on 31st March, 2026)
49.45 Crores
ACPL Paid-up Share Capital (As on Date)
74.91 Crores
ACPL Turnover (As on 31st March, 2026)
0.00 Crores
ACPL Net Worth (As on 31st March, 2026)
0.04 Crores
🏢 How This Affects the Company
📈
Business Impact
This scheme aims to create two dedicated listed entities, allowing the Data Centre Business to operate independently and focus on its specific growth path while leveraging Anant Raj Limited's brand.
💰
Financial Impact
The restructuring will consolidate the entire Data Centre Business within a single dedicated corporate entity (Ashok Cloud Private Limited), potentially streamlining financial reporting for each distinct vertical.
⚙️
Operational Impact
The demerger will separate assets, employees, investments, and operations pertaining to the Data Centre Business, which are currently spread across Anant Raj Limited and Anant Raj Cloud Private Limited, into a single entity.
⚠️
Risk Impact
The transaction is subject to multiple regulatory and shareholder approvals, introducing execution risk related to obtaining these necessary sanctions from SEBI, NCLT, and stock exchanges.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders at this stage as the scheme awaits multiple regulatory and shareholder approvals.
👤
Who Is Affected
Shareholders of Anant Raj Limited will be affected as the company's business structure will change, creating separate listed entities for real estate and data centre operations, subject to approvals.
🔍
Management Signal
The decision signals management's intent to unlock value and provide focused growth opportunities for the distinct real estate and data centre business verticals.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Shareholder and creditor meetings for approval of the Composite Scheme.
Regulatory approvals from SEBI, BSE, NSE, and NCLT for the scheme.
Timeline for the scheme's effectiveness post all necessary sanctions.
MEDIUM RISK The composite scheme requires multiple regulatory and shareholder approvals, indicating execution uncertainty.
💡 Investor Takeaway
Anant Raj Limited's Board approved a Composite Scheme of Arrangement to demerge its Data Centre Business into a separate entity, Ashok Cloud Private Limited. Anant Raj Limited reported a turnover of Rs. 1,491.52 Crores and net worth of Rs. 4,471.64 Crores as on March 31, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Consolidates the Data Centre Business, including its assets and operations, into a single dedicated entity (ACPL) for focused growth.
  • Aims to create two separate listed entities, enhancing strategic flexibility for both the real estate and data centre segments.
  • Leverages Anant Raj Limited's existing brand equity and goodwill for the newly formed Data Centre Business entity.
  • All entities involved (ARCPL, ACPL) are wholly-owned subsidiaries, simplifying the ownership structure during the internal merger.

⚠️ Concerns

  • The scheme is subject to multiple external approvals from shareholders, creditors, BSE, NSE, SEBI, and NCLT, which could delay or prevent implementation.
  • Ashok Cloud Private Limited (ACPL), the Resultant Company, reported Rs. 0.00 Crores in turnover as on March 31, 2026, indicating it is currently not an active revenue-generating entity.
  • Anant Raj Cloud Private Limited (ARCPL) has a relatively smaller net worth of Rs. 49.45 Crores compared to Anant Raj Limited's Rs. 4,471.64 Crores.
📅 Company Track Record
Anant Raj Limited completed the acquisition of Romano Projects in April 2026, making it a wholly-owned subsidiary. This current scheme, approved in July 2026, follows the Board's earlier approval for demerging the Data Centre business.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What did Anant Raj Limited's Board approve on July 21, 2026?
The Board of Anant Raj Limited approved a Composite Scheme of Arrangement for the merger of Anant Raj Cloud Private Limited into Anant Raj Limited, followed by the demerger of the Data Centre Undertaking into Ashok Cloud Private Limited.
What is the turnover of Anant Raj Limited (ARL) as on March 31, 2026?
Anant Raj Limited reported a turnover of Rs. 1,491.52 Crores as on March 31, 2026.
What are the roles of Anant Raj Cloud Private Limited (ARCPL) and Ashok Cloud Private Limited (ACPL) in the scheme?
ARCPL is the Amalgamating Company, merging into ARL. ACPL is the Resultant Company, which will receive the demerged Data Centre Undertaking from ARL. Both are wholly-owned subsidiaries.
What is the primary rationale for this Composite Scheme of Arrangement?
The rationale is to consolidate the Data Centre Business into a dedicated entity and create two separate listed companies focused on real estate and data centre services for independent growth.
What approvals are required for the Composite Scheme of Arrangement to become effective?
The scheme requires approvals from shareholders and creditors of all three companies, BSE, NSE, SEBI, and the National Company Law Tribunal (NCLT).

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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