Adani Ports and Special Economic Zone Limited said that its fully-owned subsidiary — Adani Krishnapatnam Port Limited has agreed to acquire 100% of Seabird Distriparks (Krishnapatnam) Private Limited for a sum of INR 19.22 crores. Seabird Distriparks is involved in owning, operating, and maintaining container freight station, which are facilities established for in-transit container handling, […]
Adani Ports and Special Economic Zone (APSEZ) will take full ownership of Adani Krishnapatnam Port Ltd., the holding company of Krishnapatnam Port in Andhra Pradesh by acquiring the remaining 25% stake for INR28 billion ($380 million). The 25% residual stake in the all-weather, deep water port will be purchased by Adani Ports and Special Economic […]
The Adani Ports and Special Economic Zone (APSEZ) has signed a deal to acquire the 58.1% stake owned by DVS Raju and family in Gangavaram Port Limited (GPL), the holding company of the Gangavaram Port in Visakhapatnam (Vizag), Andhra Pradesh for INR 36.04 billion ($500 million). In this regard, the Adani Group company, subject to […]