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Adani Ports and Special Economic Zone LimitedOthers, 15-05-2025: Shareholders meeting

15-05-2025 | 08:07 pm

Adani Ports has announced a board meeting on approving the acquisition of Abbot Point Port Holdings from Carmichael Rail and Port Singapore Holdings, a related party. Shareholders approved this deal with over 86% voting in favor. The company also received backing to issue 143.82 million equity shares on a preferential basis for non-cash consideration. These steps signal a strategic expansion and capital raise that could enhance Adani Ports’ operational capacity and influence its shareholder composition.

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