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 dropped 8.60% to Rs 614 amid allegations that US prosecutors have indicted Gautam Adani and his associates for a $250 million bribery scheme.
Adani Infrastructure has entered into an agreement with PSP Projects, under which Adani will acquire 30.07 per cent equity stake in the diversified construction company for Rs685.36 crore.