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CCI approves proposed acquisition of 10.4% of equity shareholding of Gangavaram Port Limited (GPL) by Adani Ports and Special Economic Zones Limited (APSEZ)

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..... CCI approves proposed acquisition of 10.4% of equity shareholding of Gangavaram Port Limited (GPL) by Adani Ports and Special Economic Zones Limited (APSEZ) - News and Press Release Dated:- 21-9-2021 .....

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..... - News - The Competition Commission of India (CCI) approves proposed acquisition of 10.4% of equity shareholding of Gangavaram Port Limited (GPL) by Adani Ports and Special Economic Zones Limited (A .....

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..... PSEZ). The proposed combination envisages acquisition of 10.4% of the shareholding in GPL (i.e., the entity operating Gangavaram port) by APSEZ from from the Government of Andhra Pradesh. APSEZ .....

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..... is an integrated port infrastructure services provider currently present across 11 domestic ports in six maritime states of Gujarat, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha. GPL own, dev .....

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..... elop and operate the deep-water port at Gangavaram, Andhra Pradesh, pursuant to a concession agreement on Build-Own-Operate-Transfer basis with Government of Andhra Pradesh for a concession period of .....

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..... thirty years from the date of commercial operations and entitled for a further period of 20 years (two periods of 10 years each). Detailed order of the CCI will follow. - News - Press release - .....

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..... PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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