Adani Ports and Special Economic Zone Limited — Others, 05-08-2025: Change in Director(s)
Adani Ports approved the financial results for the quarter, reporting consolidated revenue of ₹9,126.14 crore and a profit of ₹3,310.60 crore. Key leadership changes include Mr. Gautam S. Adani's re-designation to Non-Executive Chairman and Mr. Manish Kejriwal's appointment as an Additional Independent Director. Strategically, the board cleared the acquisition of Abbot Point Port Holdings for AUD 3,975 million, to be settled by issuing new equity shares. On the financial front, the company successfully tendered and cancelled US$384.378 million of outstanding senior notes, optimizing its debt profile. Asset cover for secured debentures remains robust, exceeding requirements.
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