Adani Ports and Special Economic Zone Limited — Others, 15-05-2025: Shareholders meeting
15-05-2025 | 07:59 pm
15-05-2025 | 07:59 pm
Adani Ports and Special Economic Zone Ltd has announced a board meeting on which it approved acquiring Abbot Point Port Holdings from Carmichael Rail and Port Singapore Holdings. This acquisition significantly expands its port operations. The company also approved issuing over 14.38 crore equity shares via a preferential allotment for non-cash consideration, aimed at strengthening its asset base and supporting growth. These moves highlight the company’s strategy to scale operations and enhance shareholder value through targeted portfolio expansion.
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