Anant Raj Ltd Explores Demerger of Data Center Business, Appoints New Director
Anant Raj to evaluate demerger of data center business, appoints Anish Sarin as director
The Economic Times
Image: The Economic Times
Anant Raj Ltd, based in New Delhi, is considering a demerger of its data center business to enhance operational efficiency. The company has appointed Anish Sarin as Director and reported a rise in total assets to ₹5,590.55 crore for FY26, supported by a successful QIP raise of approximately ₹1,100 crore.
- 01Anant Raj Ltd is evaluating a potential demerger of its data center business.
- 02Anish Sarin has been appointed as the new Director.
- 03The company reported a significant increase in total assets to ₹5,590.55 crore for FY26.
- 04The demerger aims to improve operational efficiency and management focus.
- 05The committee will consult experts to frame the final proposal for the Board.
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Anant Raj Ltd, a company based in New Delhi, has formed a committee to assess the possibility of demerging its data center business. This move comes in light of the company's impressive financial performance, with total assets rising to ₹5,590.55 crore for the fiscal year 2026, up from ₹4,346.27 crore in FY25. The firm also reported a substantial cash position of ₹806.90 crore, bolstered by a successful Qualified Institutional Placement (QIP) that raised approximately ₹1,100 crore. The company believes that separating its data center operations will allow for better management and tailored strategies for growth and capital allocation. The newly appointed Director, Anish Sarin, is the grandson of Ashok Sarin, and the committee will consult with domain experts and senior management to finalize the proposal for the Board's consideration.
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The demerger could lead to improved management and operational efficiency, potentially benefiting investors and stakeholders through better resource allocation and strategic focus.
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