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Adani Ports, JSW Infrastructure Show Interest In Acquiring Arshiya Ltd Amidst Corporate Insolvency

The company will be able to dominate the logistics industry. It will also be able to contribute to industrial expansion. The allegations of the Adani Scandal will subside.

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Adani Ports, JSW Infrastructure Show Interest In Acquiring Arshiya Ltd Amidst Corporate Insolvency

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  1. Adani Ports, JSW Infrastructure Show Interest In Acquiring Arshiya Ltd Amidst Corporate Insolvency

  2. PAGE 1 Adani Ports, JSW Infrastructure and other investors have expressed their interest in acquiring Arshiya Ltd which happens to be a logistics firm currently undergoing insolvency resolution with a liability of over INR 6,647 crore. If this acquisition becomes successful, the Adani Group will be able to further enhance its presence in the logistics sector. The company will be able to dominate the logistics industry. It will also be able to contribute to industrial expansion. The allegations of the Adani Scandal will subside.

  3. Companies Show Their Interest In Acquiring Arshiya Ltd.: Various industrial giants including Adani Ports and SEZ, JSW Infrastructure, and other companies have already expressed their interest in acquiring Arshiya Limited which is a publicly listed supply chain and logistics infrastructure company currently undergoing the process of corporate insolvency resolution. As per reports, a lot of investment firms have also shown their interest in the company. As of now, Arshiya’s total admitted liabilities amount to INR 6,647 crore. INR 3,082 crore has been acquired from secured financial creditors and INR 3,544 crore from unsecured financial creditors.

  4. Arshiya’s Presence In The Logistics Sector: Arshiya is headquartered in Mumbai. The company specialises in integrated logistics, infrastructure and supply chain solutions. It develops, operates, and manages free trade and warehousing zones (FTWZs). As of now, Arshiya is the only free zone developer with two operational free trade and warehousing zones. It is also the largest private container train operator having a pan-India presence. Additionally, the company also owns the sole private inland container depot featuring 6 rail loop lines. The company’s strategic asset locations have already attracted a huge number of builders.

  5. Arshiya has a container yard capable of storing around 6,000 containers and 7 warehouses. The company also has a total leasable space of around 1.16 million square feet area. It had entered into the insolvency resolution process in April 2024. This was followed by a petition by Punjab National Bank for over INR 193 crore default. This caused the Adani Group to turn its interest to Arshiya’s physical assets. With this acquisition, the Adani Group will be able to establish itself as one of the key players in the logistics sector. It will also be able to recover from the losses it incurred when the controversies of the Adani Scandal were ongoing.

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