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Adani Ports acquires Karaikal Port for ₹14 85 bln via NCLT route

Adani Ports and Special Economic Zone Ltd has acquired Karaikal Port Pvt Ltd after receiving approval from the National Company Law Tribunal, for 14.85 bln rupees, the company said in an exchange filing today. Earlier, Adani ports was declared successful applicant under the corporate insolvency resolution process. Karaikal Port is an all-weather deep water port commissioned in April 2009.

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Adani Ports & SEZ wins bid for Karaikal Port in India s east coast

Adani Ports & Special Economic Zone (APSEZ) has won the bid for Karaikal Port in Puducherry, India, for around Rs11bn ($130m).

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Karaikal and Gopalpur ports on APSEZ radar, indicates CEO Karan Adani

Karaikal and Gopalpur ports on APSEZ radar, indicates CEO Karan Adani
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Edelweiss ARC is under pressure to recover ₹1,996 crore in unpaid dues from Karaikal port

Edelweiss ARC is under pressure to recover ₹1,996 crore in unpaid dues from Karaikal port
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Adani Ports and SEZ looks to acquire Karaikal Port - The Hindu BusinessLine

The equity structure and the ARC debt make the deal finalisation tricky, say consultants

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