Ahmedabad, Dec. 23 -- Adani Ports and Special Economic Zone Limited (APSEZ) has successfully completed the acquisition of 100 per cent interest in NQXT Australia pursuant to completion of all condition precedents, including approvals from 'majority of minority' shareholders, Reserve Bank of India, Foreign Investment Review Board of Australia, amongst others, the Adani Group company said in a release on Tuesday.
APSEZ has allotted 14,38,20,153 equity shares of face value Rs 2 each to the seller, Carmichael Rail and Port Singapore Holdings Pte Ltd on a preferential basis.
"Closure of NQXT's acquisition is a significant milestone in APSEZ's growth trajectory towards 1 billion metric tonne cargo by 2030," said Ashwani Gupta, Whole-time Dire...
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