Adani Ports and Special Economic Zone (APSEZ), a part of the diversified Adani Group, handled 37 million tonnes of total cargo in October 2023, implying a 48 per cent year-on-year growth.
The the Board of Directors at Adani Ports and Special Economic Zone Limited has appointed M S K A and Associates, an independent member firm of BDO International, as the statutory auditors of the company to fill the vacancy caused by the resignation of Deloitte Haskins and Sells LLP.
Adani Ports and Special Economic Zone Ltd., a Adani group firm, on Tuesday reported a consolidated net profit of Rs 2,114.72 crore for the quarter ended June 2023, which is 83 per cent higher compared with Rs 1,158.28 crore in the same quarter last year.
Mundra Port, the flagship port of Adani Ports and Special Economic Zone Ltd (APSEZ) achieved a significant accomplishment by berthing the 399 meters long and 54 meters wide vessel, MV MSC Hamburg, equaling 4 football fields, at Mundra port here, an official statement, issued by Adani Group,
The Adani company's revenue increased 40 per cent in the January-March quarter to Rs 5,797 crore, and 22 per cent in the entire year 2022-23 to Rs 20,852 crore.
The company said it was committed to providing end-to-end logistics. Under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways, cargo handled by rail has grown by 62 per cent year-on-year (YoY), the company said, adding, "Mundra Port handled over 15,000 container trains in
In May 2022, APSEZ announced the signing of a share purchase agreement (SPA) for the sale of its Myanmar Port. The SPA had certain condition precedents (CPs), including completion of the project and relevant approvals for the smooth conduct of business by the buyer.
Mumbai (Maharashtra)/ New Delhi [India], April 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas acted as legal counsel for Adani Ports And Special Economic Zone Limited (APSEZ), in relation to the acquisition of Karaikal Ports Private Limited (KPPL), a company undergoing corporate inso
Adani Ports and Special Economic Zone handled total of 32 MMT (million metric tonne) of cargo in March, implying yearly growth of 9.5 per cent, it said on Wednesday.
Earlier, APSEZ was declared as the successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL. The amount considered for the acquisition is Rs 1,485 crore.
Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling, thereby beating its own milestone.