MARG Limited (BSE:530543) is looking to sell the Karaikal Port Private Limited in Puducherry, two people aware of the matter told Mint. The company has appointed Ambit Pvt Ltd. to run the sale process and is seeking a valuation of INR 30.00 Billion. One of the people cited above said. "We hope to close the sale process by March 2021. An email sent to a spokesperson for Karaikal Port did not elicit a response. A spokesperson for Ambit declined to respond to Mint's queries.