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    Question

    The Adani Ports and Special Economic Zone Ltd (APSEZ)

    completed the acquisition of Karaikal Port Private Limited (KPPL) for ________ pursuant to approval by the National Company Law Tribunal (NCLT).
    A Rs.1485 crore Correct Answer Incorrect Answer
    B Rs.1502 crore Correct Answer Incorrect Answer
    C Rs.1654 crore Correct Answer Incorrect Answer
    D Rs.1733 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

         The Adani Ports and Special Economic Zone Ltd (APSEZ) completed the acquisition of Karaikal Port Private Limited (KPPL) for Rs 1,485 crore pursuant to approval by the National Company Law Tribunal (NCLT).  Karaikal Port is an all-weather deep-water port that was developed on the Build, Operate and Transfer (BOT) format under Public-Private Partnership (PPP) by the Government of Puducherry.

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