Adani Ports Emerges Top Contender For Karanja Terminal Takeover
Economic Times
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its 625-crore recovery plan.
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC's acquisition of nearly all of Karanja's debt, signaling a significant shift in the company's future.
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