Summary
- Adani Group has divested its 60% stake in Swayam Realtors and Traders LLP, the developer of the Monte South project in Byculla, Mumbai.
- The stake sale to Marathon Nextgen Realty Limited is valued at up to ₹335 crore, including a cash consideration of up to ₹135 crore.
- M. T. Miskita & Co played a key advisory role in this significant transaction.
- This move marks a strategic shift for Adani Group in its real estate portfolio amid ongoing market dynamics.
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