Anant Raj has constituted a committee, led by its managing director, to examine the possible demerger of its data centre services business with the aim of improving operational efficiency and creating a sector-focused strategy.
The company currently operates across two separate sectors including real estate development and data centre services, which it said differ considerably in terms of business nature, risk profile, competitive landscape and capital requirements.
Anant Raj is planning to build a total data centre capacity of 357 megawatt (MW) IT load through a combination of colocation and cloud services, with an estimated cumulative investment of around Rs 200 billion.
The committee will also include the whole-time director and chief operating officer, chief business officer and chief financial officer.
