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The Economic Times
The Economic Times
Business

Adani group did not attempt Vizhinjam port stake sale without govt approval: V D Satheesan

Thiruvananthapuram: Keralam Chief Minister V D Satheesan has said that the Adani Group did not attempt to transfer its 49 per cent stake in AVPPL, the company operating Vizhinjam International Port, without the state government's prior approval.

Replying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an application to the government seeking prior approval for the proposed transfer of its existing 49 per cent shareholding.

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