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Economy News

The Economic Times

Economy / The Economic Times

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Adani, GMR among shortlisted bidders for $400 million IntelliSmart deal

IntelliSmart Infrastructure, a leading smart meter platform, is nearing the end of its sale process, with an Adani Group entity among four shortlisted bidders. The transaction is expected to value IntelliSmart at approximately $400 million. Binding bids are anticipated by mid-June as shortlisted firms commence due diligence.

25 May 2026 1:05 am