Ahmedabad: The Competition Commission of India (CCI) has given its approval for Adani Infra’s acquisition of a 30.07% stake in PSP Projects Ltd. This move follows a significant portion of PSP Group’s order book being attributed to the Adani Group, which has become the largest contributor to the company’s order value.
Ownership of PSP Projects is held through family trusts such as the PSP Family Trust, PPP Family Trust, and SSP Family Trust. Following Adani Infra’s acquisition, the Adani...Read More