Adani Ports has signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire how much per cent stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for consideration of ₹2,800 crores?
Adani Ports has signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire how much per cent stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for consideration of ₹2,800 crores? Correct Answer 25
The correct answer is 25%.
- Adani Ports has signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire a 25% stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for consideration of ₹2,800 crores.
- The company already holds a 75% stake in the port.
- Krishnapatnam Port is engaged in the business of handling containers, coal, breakbulk, and other bulk cargo including liquid cargo.
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Feb 20, 2025