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    Adani Ports acquires 95% stake in Odisha’s Gopalpur Port at Rs 3,080 crore

    March 26, 2024 - By how finance works

    AHMEDABAD: Adani Ports and Particular Financial Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday introduced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to amass the stake for an fairness worth of Rs 1,349 crore and an enterprise…

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    SP Group to promote port to Adani co for Rs 3.3,000 crore

    March 26, 2024 - By how finance works

    Mumbai: Shapoorji Pallonji Group is ready to promote its 56% stake in Gopalpur Port in Odisha to Adani Ports for an enterprise worth of Rs 3,000-3,300 crore, of which the fairness consideration is Rs 1,300 crore. In Dec 2023, the construction-to-real property group, led by Shapoor Mistry, had bought its…

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