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Company of Adani Port will sell 49 percent stake, this is the price of the stake
Adani Group: Adani Port is selling a 49 percent stake in its Adani Ennore Container Terminal Pvt Ltd. It will sell this stake for Rs 247 crore. The company has signed an agreement with Mediterranean Shipping Company Mundi Limited for this. After this agreement, the value of AECTPL has increased to Rs 1211 crore. Let us know in detail in this report.
Adani Port said on Friday that it will sell a 49 percent stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL). The company is selling this stake to Mediterranean Shipping Company Mundi Ltd for Rs 247 crore.
Adani Ports and Special Economic Zone (APSEZ) and Adani Ports said in their statement that this agreement has come into effect from December 14, 2023. After this agreement, the value of AECTPL has increased to Rs 1,211 crore. The transactions made in this agreement will be completed in 3 to 4 months.
Let us tell you that this is the second strategic partnership of Adani Ports with TIL after the joint venture with Adani International Container Terminal Private Limited (AICTPL). Adani Port operates the CT3 container terminal at Mundra Port, known as a private port.
