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Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.
Adani Ports and Special Economic Zone Limited has informed the Exchange about General Updates
Adani Ports' step-down subsidiary Astro Offshore PTE incorporated Astro Offshore MESA Company in Saudi Arabia with SAR 50,000 capital. This WOS will boost local offshore operations, expanding APSEZ's global marine platform and geographic reach.
Adani Ports' subsidiary, Ocean Sparkle Ltd, formed Ocean Sparkle Offshore Ltd, a new wholly-owned entity. This strategic move, with an initial capital of Rs. 0.05 Cr, aims to expand its marine operations globally through ships management, reinforcing APSEZ's integrated marine platform vision.
Adani Ports' step-down subsidiary, Ocean Sparkle Ltd, incorporated Ocean Sparkle Offshore Ltd. This wholly-owned entity, with 0.01 Cr paid-up capital, will boost APSEZ's marine strategy, expanding its global fleet and geographic reach in ship management.
Adani Ports received an improved ESG rating of 77.2 (Grade B+), signifying medium risk. This 2.6-point increase from the prior year highlights the company's commitment to strengthening its environmental, social, and governance performance.