India's Adani Infra to buy 30% stake in PSP Projects

Adani to acquire 30 per cent in PSP Projects for Rs 685 crore
Adani operates airports, ports, roads and more, besides running a real estate company, Adani Realty, which is redeveloping Dharavi in Mumbai.
Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
The Adani Infra deal values PSP Projects at ₹575 per share, which is a 15 per cent discount from its closing price on Tuesday. The ports-to-power conglomerate is tapping into various sectors, including a $10 billion investment in energy security and ...
Adani Infra Buys 30% Stake in PSP Projects for Rs 685 cr
Adani Infra, part of the Adani Group, will acquire a 30.07% stake in PSP Projects for Rs 685.36 crore, marking a significant consolidation in the construction sector. The deal includes an open offer for an additional 26% stake,
Adani Infrastructure to acquire 30.07% stake in PSP Projects from one of its founders for Rs 685 crore
Prahaladbhai S Patel, one of the promoters of PSP Projects, is the seller who entered into a share purchase agreement with Adani Infra (India) Limited by selling 1.19 crore equity shares of the company, representing up to 30.07% of the paid-up equity share capital of the PSP Projects.
Adani to Buy PSP Projects’ Stake to Boost Construction Business
Billionaire Gautam Adani agreed to buy a majority stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure 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,
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Price Analysis
Stay up-to-date with the Adani Ports SEZ Stock Liveblog, your trusted source for real-time updates and thorough analysis of a ...
Mint6d
Two port stocks stand out on the charts. Is Adani Ports one of them?
Also Read: The Adani group’s resurgence: A $5-7 bn war chest for cement, ports, defence and other acquisitions It ...
ndtvprofit1d
Five Stocks To Buy: How To Trade SBI, Adani Ports, HUL, Polycab, Tech Mahindra
Of the 50 analysts tracking the stock, 39 maintain a 'buy', six suggest a 'hold' and five recommend 'sell'. The 12-month ...
Adani Ports SEZ Share Price Highlights: Adani Ports SEZ Stock Price History
Welcome to the Adani Ports SEZ Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing ...
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 ...
Adani Offers Dollar Bond Again After Earlier Deal Was Postponed
Billionaire Gautam Adani’s conglomerate kicked off a dollar bond sale on Wednesday after postponing an offering last month ...
India Infoline11d
Adani Ports & Special Economic Zone Ltd Share Price
Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.
Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore
Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from ...