The MoU covers the development of hyperscale, edge, colocation, and AI/HPC data centers in line with the Maharashtra Data Center Policy, with a focus on energy-efficient and ESG-aligned infrastructure. Under the arrangement, Univastu India will act as the local project developer and EPC partner and will coordinate with government authorities for project execution.

Univastu India is in the construction business.

The company’s consolidated net profit surged 50.6% to Rs 4.64 crore on a 14% rise in revenue to Rs 48.34 crore in Q2 FY26 over Q2 FY25.

Shares of Univastu India shed 0.75% to Rs 66.75 on the NSE.