Adani Infra becomes joint promoter of PSP Projects

Adani Infra (India) Limited has acquired 34.41% of PSP Projects Limited, comprising 11.32% through an open offer and 23.09% via share purchase agreement, making it a joint promoter alongside existing promoters.

Ms. Pooja P. Patel resigned as whole-time director to become chief executive officer, while Mr. Kattunga Srinivasa Rao was appointed as additional non-executive non-independent director representing Adani Infra. Mr. Prahaladbhai S Patel's role changed to chairman and managing director.