Adani Ports & Special Economic Zone Ltd. News and Updates

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Adani Ports & Special Economic Zone Ltd.

30 Sep 2024

1182.45

-1.53%

Three Adani Portfolio Companies Join WEF's 'Transitioning Industrial Clusters' Initiative

NDTV Profit

These three companies jointly form the Adani Mundra Cluster.

Adani Ports & Special Economic Zone Ltd. is trading above its 100 day SMA of 1176.9

Adani Ports & Special Economic Zone Ltd.

20 Sep 2024

1182.45

-1.53%

Adani Ports sign MoU with Rorix Holdings for trade, logistics purposes

Business Standard

Adani Ports and Special Economic Zone Limited (APSEZ) is India's largest port developer and operator

Promoters released all pledges in Dec 2024 qtr.

Adani Ports & Special Economic Zone Ltd.

19 Sep 2024

1182.45

-1.53%

Temporary volume hit in 1H; growth outlook intact

Buy: Adani Ports & Special Econ...

Motilal Oswal

Adani Ports & SEZ (APSEZ) handled 183mmt of cargo volumes over AprAug’24. Volumes in 1QFY25 grew 7% YoY but were affected by a worker strike at Gangavaram port during Apr-May’24, which normalized in Jun’24.

Promoters released all pledges in Dec 2024 qtr.

Adani Ports & Special Economic Zone Ltd.

11 Sep 2024

1182.45

-1.53%

APSEZ, DPA to develop multipurpose berth at Gujarat's Kandla Port

Business Standard

Adani Ports and Special Economic Zone (APSEZ) on Wednesday said it has signed a concession agreement with DPA to develop Berth No 13 at Deendayal Port, Kandla, Gujarat. APSEZ has incorporated a wholly-owned subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), that will carry out operations at the berth, it said in a statement. Berth will handle multipurpose cargo and is expected to be commissioned in FY27. In July 2024, APSEZ had received the LOI for the development, operation and maintenance of the berth for a 30-year concession period. According to the statement, APSEZ will develop the berth under DBFOT (Design, Build, Finance, Operate, and Transfer) model for multipurpose clean cargo, including container cargo. Berth No. 13 is 300 metres long and offers 5.7 MMT capacity annually. It is likely to be commissioned in FY27. APSEZ CEO and whole-time director Ashwani Gupta said, "Berth No. 13 will diversify our presence at Deendayal Port. We will now handle multipu

Adani Ports & Special Economic Zone Ltd. is trading above its 100 day SMA of 1176.9

Adani Ports Set to Build New Multi-Purpose Cargo Berth at Kandla Port, Gujarat

IBTimes India | 11 Sep 2024

Adani Ports & Special Economic Zone Ltd.

28 Aug 2024

1182.45

-1.53%

Adani Ports to set up 2 projects in MP with Rs 3,500 cr investment

Business Standard

Adani Group firm APSEZ on Wednesday announced setting up a 2 million tonne capacity cement grinding unit in Guna and a propellant production facility at Shivpuri in Madhya Pradesh with a total investment of Rs 3,500 crore. Adani Ports and Special Economic Zone Ltd (APSEZ) MD Karan Adani made the announcement at the Gwalior Regional Industry Conclave here. He said the unit in Shivpuri is strategically aligned with the Aatmanirbhar mission to transform India from a defence importer to a defence exporter. These two projects would create over 3,500 direct and indirect jobs. Referring to the investment made by Adani Group in Madhya Pradesh, he said "we have already invested Rs 18,250 crore and created 12,000 jobs. Gwalior is fast becoming a tourism hotspot and a pool of high-quality talent and also a key transportation and trade hub. These developments are making Gwalior one of India's emerging economic centers, attracting investments across sectors." The Adani defence facility at Gwali

Number of FII/FPI investors decreased from 807 to 744 in Dec 2024 qtr

Adani Ports & Special Economic Zone Ltd.

14 Aug 2024

1182.45

-1.53%

Gujarat govt helping Adani Ports 'secure monopoly', JPC essential: Congress

Business Standard

The Congress on Wednesday reiterated its demand for a joint parliamentary committee into the Adani issue and alleged that the Gujarat government was helping Adani Ports to "secure a monopoly" on the state's port sector. Congress general secretary in-charge communications Jairam Ramesh said the Gujarat government grants private ports a 30-year concession period on a Build-Own-Operate-Transfer (BOOT) basis, after which ownership gets transferred to the government of Gujarat. On the basis of this model, Adani Ports currently has control over Mundra, Hazira, and Dahej ports, he said. Before the 2024 Lok Sabha Elections, Adani Ports requested the Gujarat Maritime Board (GMB) to extend this concession period by another 45 years to 75 years in total, Ramesh claimed. "This was much beyond the maximum permissible period of 50 years, but the GMB hastened to request the Gujarat Government to do so anyways. The GMB was in such a hurry that it did so without approval from its Board, resulting