Adani Ports Completes Acquisition Of 49 38 Per Cent Stake In Indian Oiltanking Ltd swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Adani Ports and Special Economic Zone Ltd has successfully concluded the acquisition of Oiltanking India GmbH s 49.38% equity stake in Indian Oiltanking Ltd.
As per the agreement, Adani Ports will also acquire an additional 10 per cent equity stake in IOT Utkal Energy Services Limited, a 71.57 per cent subsidiary of IOTL, , adani ports and special economic zone, iotl
Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday said it has acquired 49.38% stake in Indian Oiltanking Ltd — developer and operator of liquid storage facilities — for Rs 1,050 crore.