The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved the acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs 65.66 crore. After this acquisition, equity stake of the Company shall increase from 0.96% to 27.92% in MSEZ.
Source: Business-StandardMRPL acquires 26.96% stake in Mangalore SEZ
Industry: Other 23 hours ago