Adani Power acquires infra development firms SPPL and EREPL for over Rs 609 crore
New Delhi: Adani Power on Monday completed the acquisition of 100 per cent equities in SPPL and EREPL for about Rs 609 crore. On June 7, 2022, Adani Power NSE -1.93 % had signed a share-purchase agreements to acquire 100 per cent equity shares of two companies, viz. Support Properties Private Ltd (SPPL) and Eternus Real Estate Private Ltd (EREPL) from their respective shareholders.
“All the related steps/activities for acquisition of 100 per cent equity shares of SPPL and EREPL have now been completed,” a BSE filing stated.
