Acquisitions21 May 2026, 08:51 pm
Adani Ports Completes Jaypee Fertilizers Acquisition
AI Summary
Adani Ports and Special Economic Zone Ltd has successfully completed the acquisition of 100% of the total shareholding of Jaypee Fertilizers & Industries Limited from Jaiprakash Associates Limited. The acquisition was consummated according to the terms of the JFIL SPA and the approved resolution plan.
Key Highlights
- Adani Ports completes acquisition of Jaypee Fertilizers & Industries Limited.
- The acquisition involves 100% of Jaypee Fertilizers' shareholding.
- The deal was executed as per the JFIL SPA terms.
- The acquisition aligns with the approved resolution plan for JAL.