Mumbai, March 7 (IANS) Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore in Adani Ports and Special Economic Zone Limited for a 0.49 per cent stake. Adani Ports will allot up to 1 crore equity shares at Rs 800 per share, on a preferential basis. The Board of Directors of Adani Ports on Sunday took the decision to issue up the 1 crore shares for an aggregate consideration of up to Rs 800 crore, the company said in a regulatory filing. The board also approved the issue of notice convening an extraordinary general meeting (EGM) of the shareholders of the company to be held on April 6 through video conferencing.
Warburg Pincus arm to invest Rs 800 cr in Adani Ports
Adani Ports and Special Economic Zone.
