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
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
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
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
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
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
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
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
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
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
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
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
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
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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