India's Adani Infra to buy 30% stake in PSP Projects
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.
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PSP Projects has a market capitalisation of Rs 2,800 crore. Adani Group is reportedly in talks to acquire a controlling stake ...
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