Adani Ports and Special Economic Zone Limited (NSEI : ADANIPORTS) agreed to acquire Jaypee Fertilizers & Industries Ltd. from Jaiprakash Associates Limited (BSE:532532) for INR 15.0 billion on March 17, 2026. Adani Ports and Special Economic Zone Limited (NSEI : ADANIPORTS) entered into a share purchase agreement to acquire Jaypee Fertilizers & Industries Ltd. from Jaiprakash Associates Limited (BSE:532532) on May 20, 2026. A cash consideration of INR 15 billion will be paid by Adani Enterprises Limited. As part of consideration, INR 15 billion is paid towards common equity of Jaypee Fertilizers & Industries Ltd.

The transaction is expected to close in 90 days from March 17, 2026. The transaction was approved by National Company Law Tribunal on March 17, 2026 and from Competition Commission of India on August 26, 2025.
Adani Ports and Special Economic Zone Limited (NSEI : ADANIPORTS) completed the acquisition of Jaypee Fertilizers & Industries Ltd. from Jaiprakash Associates Limited (BSE:532532) on May 21, 2026