PSP Projects shares in focus

PSP Projects share price jumps 10% on news Adani may buy majority stake, launch open offer
PSP Projects has a market capitalisation of Rs 2,800 crore. Adani Group is reportedly in talks to acquire a controlling stake in the construction company, which is likely to trigger an open offer.
PSP Projects shares fall 9% after Adani Infra acquisition, open offer
The sharp sell-off was seen a day after billionaire Gautam Adani's Adani Infrastructure announced to buy a 30.07% stake in construction company PSP Projects for ₹685.36 crore.
PSP Projects shares dip 9% as Adani Infra to buy 30% stake in company
Shares of PSP Projects dipped 9.4% to their day’s low of Rs 610.75 on the BSE as the company on Tuesday, after the market hours, announced that Adani Infra will be acquiring a 30.07% stake in the company. The stake will be purchased from the company’s ...
India's Adani Infra to buy 30% stake in PSP Projects for $81 million
India's Adani Infra will purchase a 30.07% stake in construction firm PSP Projects for 6.85 billion rupees ($81.2 million), the latter said on Tuesday. Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises,
Adani to buy PSP projects stake to boost construction arm
Adani Infra is set to acquire a 30.07% stake in PSP Projects for 6.85 billion rupees, marking its second acquisition in a month. The deal aims to strengthen Adani’s construction capabilities amid plan
PSP Projects shares dips 8% post Adani Infra acquiring stake
Limited has signed definitive agreements to acquire up to 30.07% stake in PSP Projects Limited from its founder promoter Prahladbhai S. Patel, the company announced on 19, 2024.
Adani Group nears deal to buy 60% stake in PSP Projects: Exclusive
The Adani Group is in advanced stages of negotiations to buy stake in PSP Project, sources with knowledge of the matter told CNBC-TV18. Sources said that the Adani Group may acquire 60.14% stake from its promoters.
Adani Infrastructure to acquire 30.07% stake in PSP Projects from one of its founders for Rs 685 crore
Prahaladbhai S Patel, one of the promoters of PSP Projects, is the seller who entered into a share purchase agreement with Adani Infra (India) Limited by selling 1.19 crore equity shares of the company, representing up to 30.07% of the paid-up equity share capital of the PSP Projects.
Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
Adani Infrastructure will purchase a 30.07 per cent stake in PSP Projects for ₹6.85 billion, valuing the firm at ₹575 per share. An open offer for additional stakes will follow, as the company has an order book worth ₹65.
Adani Infra to acquire 30% stake in PSP Projects for Rs 685 crore
Adani Infra, owned by a unit of Indian billionaire Gautam Adani's flagship Adani Enterprises, will purchase the shares from Prahladbhai S Patel, who leads PSP Projects and is its top shareholder
Adani To Buy PSP Stake To Boost Construction Arm
Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to enhance its engineering and construction capabilities to execute infrastructure projects.
Broker’s call: PSP Projects (Hold)
PSP Projects signs ₹685 crore deal with Adani Infra India, expecting operational synergies and revenue growth in the future.
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