Stake Sale Deal in Vizhinjam Port Detrimental to Public Interest, Says Kerala Leader of the Opposition Pinarayi Vijayan

Stake sale deal in Vizhinjam port detrimental to public interest, says Kerala Leader of the Opposition Pinarayi Vijayan

The former Chief Minister requests the Securities and Exchange Board of India to examine whether the disclosure made by Adani Ports and Special Economic Zone Limited in relation to the share purchase and subscription agreement concerning Adani Vizhinjam Port Private Limited conforms to contractual and regulatory requirements

Pinarayi Vijayan seeks SEBI probe into Vizhinjam Port stake sale

Vijayan alleged that the port operator failed to disclose the proposed transaction to the Kerala government despite the concession agreement