Adani Infra acquired a significant stake in PSP Projects. The deal involved the purchase of 8.65 million shares. The transaction occurred through a block deal on the BSE. Each share was priced at ₹640. Promoter Prahaladbhai S Patel sold a portion of his holdings. The total value of Adani Infra’s purchase was approximately ₹554 crore.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets