The merger of Promoter Entities of Mundra Port with Adani Enterprises will be done on the basis of Market value of Mundra Shares to be transferred to Adani Enterprises. The Shares of equivalent value of Adani Enterprises will be issued to the promoters against their market value of Mundra Shares meaning thereby Adani will purchase Mundra shares at market value and Adani Enterprises will become holding company of Mundra. What happen after merger, the market will value the Mundra Holding of Adani Enterprises at 50% to 70% discount, which means the shareholders of Adani Enterprises will definitely incurred heavy loss & promoters will gain.
| NIFTY 
