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The Nexus
BUSINESSJul 1 · 06:04 UTCTHE HINDU NATIONAL

MSC-Adani Vizhinjam port deal: Kerala CM says State govt approval needed for share transfer

Kerala Chief Minister V.D. Satheesan stated that the state government's approval is required for the transfer of a 49% stake in Adani Vizhinjam Port Private Limited to MSC Group. Adani Ports has not yet obtained this approval, despite APSEZ's earlier announcement of the ₹13,220 crore deal.

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