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Adani Logistics has signed a definitive agreement to acquire the ICD "Tumb" (Vapi) from Navkar Corporation Ltd for an enterprise value of Rs 835 crore
Adani Logistics, a wholly owned subsidiary of Adani Ports and SEZ, has signed a definitive agreement to acquire the ICD "Tumb" (Vapi) from Navkar Corporation for an enterprise value of Rs 835 crore
The stock hit an all-time low of Rs 41.35, down 17% on Friday, falling 26% in past two trading days on BSE.
The contract is for operation and management of KRIL's container freight station/ICD and handling of container trains at Hazira Terminal, Gujarat,