Adani Ports

Adani acquires AP’s stake in Gangavaram Port

The merger, which has an appointed date of April 1, 2021 and is subject to NCLT approval, is expected to conclude by March 31, 2022.

published on : 23rd September 2021

CCI approves Adani Ports' 10 per cent stake-buy in Gangavaram Port

The 10.4 per cent equity shareholding would be acquired from the government of Andhra Pradesh, according to a combination notice filed with the regulator.

published on : 20th September 2021

Adani Ports Q1 profit jumps 77 per cent to Rs 1,342 crore

The country's largest integrated logistics player had clocked a consolidated net profit of Rs 757.83 crore in the corresponding period a year earlier, according to a regulatory filing.

published on : 3rd August 2021

Adani Ports loses pension fund investor

Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited citing the company’s links with the Myanmar military.

published on : 23rd June 2021

After bloodbath, Adani shares make decent gains

Friday's marginal gain is a relief for the port-to-energy conglomerate whose six listed stocks had fallen 9-22 per cent in the first four days of this week.

published on : 19th June 2021

Billionaire Gautam Adani loses USD 5 billion in net worth in one day

Shares of Adani Enterprises on Monday crashed 25 per cent intra-day to Rs 1,201 on the BSE. Similarly, Adani Ports and Special Economic Zone (APSEZ) plummeted 19 per cent during the day.

published on : 15th June 2021

Adani Enterprises stocks dip 25 per cent amid reports of NSDL freezing three FPI accounts

Adani Enterprises tumbled 24.99 per cent to Rs 1,201.10, Adani Ports and Special Economic Zone plummeted 18.75 per cent to Rs 681.50 on the BSE.

published on : 14th June 2021

Adani Ports may abandon Myanmar project: Filing

It added, 'The write-down will not materially impact APSEZ, as it is equivalent to about 1.3 per cent of the total assets.'

published on : 5th May 2021

Adani Ports' acquisition of 89.6 per cent stake in Gangavaram Port gets CCI nod

Adani Ports and Special Economic Zone  in March had announced it would acquire controlling interest in Gangavaram Port from DVS Raju and family for Rs 3,604 crore.

published on : 14th April 2021

S&P index to remove Adani Ports for links with Myanmar military

The land acquisition for developing a port in the main city of Yangon was facilitated by the agency under Aung San Suu Kyi's government, Adani Group had said.

published on : 13th April 2021

Adani group takes full control of Krishnapatnam port in Andhra Pradesh

Adani Ports and Special Economic Zone Limited (APSEZ) on Monday announced the acquisition of the residual 25 per cent stake in Krishnapatnam Port for Rs 2,800 crore. 

published on : 6th April 2021

Adani Ports to acquire controlling stake in Andhra Pradesh's Gangavaram Port

The GPL handles a diverse mix of dry and bulk commodities, including coal, iron ore, fertilisers, limestone, bauxite, sugar, alumina and steel.

published on : 24th March 2021