Adani Electricity Mumbai Ltd, a subsidiary of Adani Energy Solutions Ltd, has acquired 100% stake in Pointleap Projects Pvt Ltd for Rs 13.15 crore.
Photograph: ANI Photo
New Delhi, May 2 (PTI) Adani Electricity Mumbai Ltd on Thursday signed an agreement to acquire 100 per cent stake in Pointleap Projects Pvt Ltd (PPPL) for a consideration of Rs 13.15 crore.
Adani Electricity Mumbai Limited (AEML) is a subsidiary of Adani Energy Solutions Ltd (AESL).
"AEML today executed Share Purchase Agreement (SPA) with Windson Projects LLP (WPLLP) for acquiring 100 per cent equity shares of PPPL," AESL said in a regulatory filing.
The acquisition is expected to be completed within 4-5 working days from the execution date of SPA, it said.
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