Skip to main content

MoneyWorks4Me

Adani Ports and Special Economic Zone informs about agreement for acquisition

26 Mar 2024 Evaluate

Adani Ports and Special Economic Zone has informed that the Company has entered into a definitive agreement on March 25, 2024 to acquire 95% stake of Gopalpur Ports (‘GPL’) from the existing shareholders [~56% stake from SP Port Maintenance (SP Group’) and ~ 39% stake from Orissa Stevedores (OSL)] of GPL. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July, 2023 are enclosed. A copy of the press release dated March 26, 2024 is enclosed. The Investor Presentation on the same is attached and being uploaded on its website.

The above information is a part of company’s filings submitted to BSE.

Peers