Adani Ports and Special Economic Zone Limited — Board Meeting, 05-08-2025: Outcome of Board Meeting
05-08-2025 | 01:42 pm
05-08-2025 | 01:42 pm
Adani Ports' board has approved strong consolidated financial results for the quarter ended June 30, 2025, with revenue at ₹9,126.14 crore and profit hitting ₹3,314.59 crore. The board also approved the re-designation of Gautam S. Adani as Non-Executive Chairman and appointed Manish Kejriwal as a new Independent Director. Strategically, APSEZ will acquire Abbot Point Port Holdings for AUD 3.975 billion, to be paid via new shares. The company also successfully completed a tender offer for various US$ Senior Notes, repurchasing over US$ 384 million of bonds. Funds from recent ₹5,000 crore Non-Convertible Debentures were fully used for debt repayment. #AdaniPorts #Q1Results
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