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CCI approves Adani acquisition of Intellismart

Summary by Times of India
Adani Energy Solutions has received approval to acquire IntelliSmart Infrastructure, establishing a major presence in smart meters. This acquisition will help expand the Adani Group's operations in digital grid modernization efforts. The Competition Commission of India also approved other significant acquisitions in various sectors, highlighting ongoing consolidation in the market. Notable approvals include investments in telecom and quick-servi…

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Adani Group Big Deal: Adani Energy Solutions has received CCI approval to acquire 100% stake in IntelSmart Infrastructure for ₹3,050 crore. This is a major move by the Adani Group to rapidly expand its smart electricity and gas metering projects across the country. This landmark corporate deal further strengthens Adani Energy's foothold in the energy sector.

·Mumbai, India
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New Delhi, Oct 31 (IANS) The Competition Commission of India (CCI) has approved the acquisition of the equity share capital of Intellismart Infrastructure Private Limited by Adani Energy Solutions Limited. Under the proposed transaction, the acquirer (Adani Energy Solutions Limited) will acquire 100 per cent equity share capital of the target company (Intelismart Infrastructure Private Limited) from the National Investment and Infrastructure Fun…

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Times of India broke the news in India on Friday, October 30, 2026.
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