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Adani Ports excluded by Norway’s largest pension fund for biz links with Myanmar military

Adani Ports excluded by Norway’s largest pension fund for biz links with Myanmar military

🕔17:27, 22.Jun 2021

New Delhi, June 22  Adani Ports and Special Economic Zone Ltd has been excluded from investment by Norway’s largest pension fund, KLP and the KLP Funds with effect from June 2021. This due diligence-based divestment has been implemented on the

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Adani Ports denies reports on NSDL freezing accounts of foreign funds

Adani Ports denies reports on NSDL freezing accounts of foreign funds

🕔08:57, 15.Jun 2021

New Delhi, June 15  Adani Ports has clarified that media reports on freezing of accounts of foreign funds is done to “deliberately mislead the investing community”. In a stock exchange filing, Adani Ports was clarifying on reports that NSDL has

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Adani Ports to be removed from Dow Jones Sustainability Indices

Adani Ports to be removed from Dow Jones Sustainability Indices

🕔15:51, 13.Apr 2021

New Delhi, April 13  S&P Dow Jones Indices have decided to remove Adani Ports and Special Economic Zone Limited from Dow Jones Sustainability Indices due to the reported commercial relationship of the company with Myanmar’s military. The change will come

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Adani Ports acquire 25% of Vishwasamudra Holdings’ stake in Krishnapatnam Port

Adani Ports acquire 25% of Vishwasamudra Holdings’ stake in Krishnapatnam Port

🕔11:59, 5.Apr 2021

Ahmedabad, April 5  Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ) is acquiring the residual 25 per cent stake in Adani Krishnapatnam Port Ltd., (Krishnapatnam Port) for Rs 2,800 crore. With this, APSEZ will

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Adani Ports’ shares rise as Warburg Pincus arm to invest 800cr

Adani Ports’ shares rise as Warburg Pincus arm to invest 800cr

🕔11:19, 8.Mar 2021

Mumbai, March 8  Shares of Adani Ports and Special Economic Zone (APSEZ) rose on Monday morning on the company’s announcement that Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore in the company. The Warburg

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Adani Ports acquires Krishnapatnam Port Company

Adani Ports acquires Krishnapatnam Port Company

🕔14:09, 5.Oct 2020

Mumbai, Oct 5 Adani Ports and Special Economic Zone Limited (APSEZ) on Monday announced the completion of the acquisition of Krishnapatnam Port Company Ltd, (KPCL) for an enterprise value of Rs 12,000 crore. It will result in APSEZ having a controlling

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Adani Ports’ Q1 consolidated net profit falls 26%

Adani Ports’ Q1 consolidated net profit falls 26%

🕔07:31, 12.Aug 2020

Mumbai, Aug 12  Adani Ports and Special Economic Zone Ltd on Tuesday reported a 26.33 per cent fall in its consolidated net profit for the April-June quarter at Rs 757.83 crore. During the corresponding period of last fiscal, the company

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Adani Ports plans to raise $750 mn to repay debt

Adani Ports plans to raise $750 mn to repay debt

🕔07:03, 30.Jul 2020

Mumbai, July 30  Adani Ports and Special Economic Zone Ltd plans to raise $750 million through unsecured notes with a view to repay the debt of its subsidiaries. In a regulatory filing on Wednesday, the company said that its Finance

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Adani Ports Q2 net profit at Rs 614 cr falls 38%

Adani Ports Q2 net profit at Rs 614 cr falls 38%

🕔07:01, 24.Oct 2018

Mumbai, Oct 24  Adani Ports on Tuesday reported a 38.36 per cent decline in its net profit for the second quarter ending September. The company said in a stock exchange filing that its profit after tax (PAT) for the second

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Adani Group acquires 97% stake in Kattupalli Port

Adani Group acquires 97% stake in Kattupalli Port

🕔20:52, 28.Jun 2018

New Delhi, June 28  Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest port developer and part of the Adani

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Adani Enterprises, Adani Ports promoters pledge shares

Adani Enterprises, Adani Ports promoters pledge shares

🕔09:35, 29.Aug 2016

Ahmedabad, Aug 29  Adani Enterprises said on Sunday that its promoters Gautam Adani and Rajesh Adani have pledged an additional 1.65 crore shares, or 1.50 per cent stake, to STCI Finance Ltd.The company said in a disclosure to the stock

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Adani Ports to ink Vizhinjam Port agreement with Kerala

Adani Ports to ink Vizhinjam Port agreement with Kerala

🕔15:12, 20.Jul 2015

Thiruvananthapuram, July 20  The Kerala government will sign on August 17 an agreement with Adani Ports for building the Vizhinjam Port, a state minister said on Monday. The date was fixed after a team of Adani Ports officials led by

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Adani Port’s profit surges 33 percent during 2014-15

Adani Port’s profit surges 33 percent during 2014-15

🕔12:16, 2.May 2015

Mumbai, May 2  Indian port developer, Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday said its net profit in fiscal 2014-2015 rose by 33 percent at Rs.2,314.33 crore against Rs.1,739.64 crore during 2013-14. The total consolidated income of

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Adani Ports lone bidder for Vizhinjam port

Adani Ports lone bidder for Vizhinjam port

🕔11:41, 25.Apr 2015

Thiruvananthapuram, Apr 25  Adani Ports has emerged as the lone bidder for Kerala’s dream project, the Vizhinjam Port. The proposed port is to come up near the famed Kovalam beach and is expected to be completed in three phases, with

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