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PSP Projects Limited — M&A Activity 2025
Mar 5, 2025
61476_rns_2025-03-05_44895e9d-0202-4111-b27c-d7e942d8a546.pdf
M&A Activity
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Ref No: PSPPROJECT/SE/96/24-25
March 5, 2025
Corporate Relations Department BSE Limited Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip code: 540544
Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Symbol: PSPPROJECT
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 and other applicable provisions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Receipt of approval from Competition Commission of India (“CCI”).
We refer to our disclosure bearing ref. no. PSPPROJECT/71/24-25 dated November 19, 2024, regarding signing of Share Purchase Agreement between Mr. Prahaladbhai S. Patel (“Seller”), one of the promoters of the Company and Adani Infra (India) Limited (“Acquirer”) whereby the Acquirer shall be acquiring up to 30.07% equity share capital of the Company from the Seller.
In this regard, we would like to further inform that the Competition Commission of India (CCI) has by its letter dated March 4, 2025 approved the proposed combination under Section 31(1) of the Competition Act, 2002.
This is for your information and record.
Thanking You,
Yours faithfully,
For PSP Projects Limited
PATEL Digitally signed KENAN by PATEL KENAN SURESHBHAI SURESHBH Date: 2025.03.05 AI 10:40:06 +05'30' Kenan Patel Company Secretary and Compliance officer
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