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Adani Ports and Special Economic Zone (APSEZ) rose 1.59% to Rs 637.80 after the company said it completed the acquisition of Maharashtra-based Dighi Port. The company said that in accordance with the approved Resolution Plan, Dighi Port ( Dighi ) has allotted 10 lakh equity shares for cash at total consideration of Rs 1 crore to APSEZ on 15 February 2021. Pursuant to this, APSEZ will hold 100% equity share capital of Dighi. Further, APSEZ has paid Rs 650 crore to financial creditors and approximately Rs 55 crore towards CIRP cost and other payments. Incorporated on 27 July 2000, Dighi is located on the banks of Rajapuri Creek in the Raigad district of Maharashtra. It is a minor port established under the 50-year concession from the MMB starting March 2002. Concession permits the handling of all types of cargo including liquid & containers.

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