Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 crore

Adani Ports and Special Economic Zone (APSEZ), India's largest private ports and logistics company and the flagship transportation arm of the diversified Adani Group, is acquiring the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL),? the company said in a statement.