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Adani Infrastructure is set to acquire a 30.07% stake in PSP Projects from one of its founders for Rs 685 crore. Following the transaction, PSP Projects will reconstitute its board to include directors nominated by Adani Infra. On November 19, PSP Projects" shares closed 3.53% higher at Rs 666.6, with a market capitalization of Rs 2,666 crore.
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Adani Infrastructure to acquire 30 percent stake in PSP Projects for 685 crore
14:17 19.11.2024
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