CorporateMerger or Acquisition2026-05-21🇮🇳
Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore
source: Adani Ports and Special Economic Zone Ltd -> target: Jaypee Fertilizers & Industries Ltd
On 2026-05-21, Adani Ports and Special Economic Zone Ltd signed a definitive agreement to acquire Jaypee Fertilizers & Industries Ltd for Rs 1,500 crore as part of the NCLT-approved resolution plan for Jaiprakash Associates Ltd. The deal would give APSEZ indirect control over Kanpur Fertilizers and Chemicals Ltd and support its inland logistics expansion in north India.
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AhmedabadGujaratSouth AsiaIndiaAsia23.023, 72.571
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