In a major recast of operations and corporate structure, Adani group on Friday announced demerger of all ports and power assets into two already listed firms, while transmission business would be spun out into a new company to be listed separately. The restructuring, which involves moving away from the holding company structure for the group, would entail existing shareholders of the current flagship firm Adani Enterprises getting direct fresh shares of the ports and power companies. Besides, ... Rediff.com, 2 months ago
Adani to demerge ports, power, transmission and mining businesses - Jagran Post, 2 months ago
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