HomeBusinessAdani Power will give AdaniConneX a 100% ownership stake in Support Properties.

Adani Power will give AdaniConneX a 100% ownership stake in Support Properties.

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  • Adani Power announced that it has signed a memorandum of understanding (MoU) with AdaniConneX Private Ltd (ACX) to sell its entire stake in Support Properties Private Ltd for $1,556.5 crore.
  • The planned transaction is carried out on an arm’s length basis, according to a BSE filing.

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