SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Ports gets nod to acquire 10.4% stake in Gangavaram Port

25 Aug 2021 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has received an approval for proposal of acquisition of 10.4% stake of Gangavaram Port (GPL) from Government of Andhra Pradesh. The acquisition is in line with Company’s strategy of East Coast to West Coast parity and will provide an access to growth from new hinterland markets as it has coverage in resource rich and industrial belt in Eastern, Central & Southern India. The transaction is expected to be completed within 1 month. The consideration for proposed acquisition of 10.4% equity stake of GPL is Rs 644.78 crore.

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.

Adani Ports &Special Share Price

1573.10 23.65 (1.53%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×