Temasek increases stake in Adani Ports and Special Economic Zone Limited

Temasek Holdings Private Limited, a Singapore-based investment firm, has increased its stake in Adani Ports and Special Economic Zone Limited (APSEZL) from 1 per cent to 2.3 per cent by acquiring 27.05 million shares. The shares have been acquired via bulk deals from the SB Adani Family Trust for Rs 10 billion ($147 million) before accounting for transaction cost and statutory levies.