Adani Ports and Special Economic Zone Limited — Others, 01-05-2025: Change in Auditors

Adani Ports and Special Economic Zone Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company received an unmodified audit opinion and re-appointed Mr. Palamadai Sundararajan Jayakumar as an Independent Director for a second three-year term, pending shareholder approval. Ashwin Shah and Amrendra Kumar Sinha were appointed as Secretarial and Internal Auditors, respectively. The Board approved a dividend of Rs. 7 per share for FY 2024-25, subject to shareholder approval. Consolidated revenue stood at Rs. 30,475 Cr with profit after tax of Rs. 11,061 Cr. Net gearing is at 0.71x and Debt Service Coverage Ratio at 3.36x, reflecting robust financial health. Key transactions included divesting 49% in Adani Ennore Container Terminal and acquiring Gopalpur Ports and Astro Offshore Group, reinforcing its infrastructure expansion.