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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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BSE To Suspend Trading In Manpasand Beverages, Binani Industries, 14 Others From November 4

Leading stock exchange BSE will suspend trading in shares of as many as 16 firms, including Manpasand Beverages and Binani Industries, from November 4 for not complying with listing norms pertaining to submission of quarterly financial results, among others. ....

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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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