Adani Ports and Special Economic Zone Limited — Board Meeting, 17-04-2025: Outcome of Board Meeting

Adani Ports and Special Economic Zone Ltd has announced a board meeting outcome, approving the acquisition of Abbot Point Port Holdings Pte. Ltd. from Carmichael Rail and Port Singapore Holdings Pte. Ltd. The company will issue 14,38,20,153 equity shares at INR 1,199 each, as part of a preferential issue for the transaction. This deal, allowing APSEZ to enhance its global transport network, will be executed pending shareholder and regulatory approvals. Abbot reported a standalone turnover of approximately INR 231 Cr in the last financial year.