Adani Group, PSP Projects

India's Adani Infra to buy 30% stake in PSP Projects for $81 million
India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects for 6.85 billion rupees ($81.2 million), the latter said on Tuesday.Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises,
PSP Projects share price jumps 10% on news Adani may buy majority stake, launch open offer
PSP Projects has a market capitalisation of Rs 2,800 crore. Adani Group is reportedly in talks to acquire a controlling stake in the construction company, which is likely to trigger an open offer.
PSP Projects shares zoom nearly 15% on Adani buying majority stake buzz
Shares of Gujarat-based PSP Projects surged 14.5% to Rs 452.45 on the BSE following reports that the Adani Group is in talks to acquire a 60.14% majority stake in the company. The deal could trigger an open offer for an additional 26% stake from public shareholders.
Adani Group in advanced stage to buy 60% stake in PSP Projects: Exclusive
The Adani Group is in advanced stages of negotiations to buy stake in PSP Project, sources with knowledge of the matter told CNBC-TV18. Sources said that the Adani Group may acquire 60.14% stake from its promoters.
Adani Infrastructure to acquire 30.07% stake in PSP Projects from one of its founders for Rs 685 crore
PSP Projects on November 19 said Adani Group firm Adani Infrastructure will acquire 30.07% stake in it from one of its founders for Rs 685 crore. Prahaladbhai S Patel, one of the promoters of PSP Projects,
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Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.