As part of the mandatory open offer, Adani Infrastructure acquired 44,86,193 equity shares (11.32% of PSP Projects’ paid-up capital) from public shareholders. Additionally, it purchased 91,53,779 shares (23.09%) from Patel as per the SPA. Shares of PSP Projects Ltd ended at ₹701.20, up by ₹59.60, or 9.29%, on the BSE.
