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Have made full disclosures in past, not facing Sebi probe on FPIs: APSEZ

Says absolutely no connection with FPIs based in Mauritius; has applied to operate Myanmar port

Adani ports
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APSEZ officials informed investors that the group has nothing to do with so-called FPIs entities and group founders have clarified repeatedly that they have no connection with these FPIs based in Mauritius.

Dev Chatterjee Mumbai
India's largest port and transport utility firm, Adani Ports & Special Economic Zone (APSEZ) has said that it is not facing any probe from the market regulator, the Securities and Exchange Board of India (Sebi) and has made full disclosures to specific information requests from them in the past.

Soon after announcing its results for the June quarter, APSEZ officials informed investors that the group has nothing to do with so-called foreign portfolio investments (FPIs) entities and the group founders have clarified repeatedly that they have no connection with these FPIs based in Mauritius. In order to protect the interest