Times of India | Adani to acquire Jaypee fertiliser arm for Rs 1.5k cr
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Adani Ports and Special Economic Zone (APSEZ) announced it will acquire a 100 % stake in Jaypee Fertilisers & Industries Ltd (JFIL) from Jaiprakash Associates for ₹1,500 crore, under the NCLT‑approved resolution plan for Jaiprakash Associates Limited. The deal, which gives APSEZ control of JFIL—a holding company for Kanpur Fertilisers and Chemicals Ltd and its industrial land parcels—aims to strengthen the port operator’s inland logistics network in North India and supports its goal of expanding its multi‑modal logistics parks from 12 to 16 and quadrupling warehousing capacity by 2031. The acquisition is expected to be finalized by the “effective date” of the resolution plan, no later than 90 days after March 17 2026.
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Adani to acquire Jaypee fertiliser arm for Rs 1.5k cr
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ), on Thursday said it will acquire a 100% stake in Jaypee Fertilisers & Industries (JFIL) from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL.








