Adani Ports is also in discussions with DVS Raju and Family for their 58.1 per cent stake in GPL; the latest acquisition expands APSEZ's market share to 30 per cent across 12 locations in India
Nearly 1,500 acres park to attract investments worth Rs 50,000 crore in logistics, transport
APSEZ is the only Indian company to have been included in this sector in one of the most sought-after sustainability indices in the world
As per BSE bulk deal data, over 2.57 crore scrips were sold at Rs 352.01 apiece, translating into a deal value of Rs 906.76 crore
The acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing its stated strategy of cargo parity between west and east coasts
Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has raised $750 million (about Rs 5,600 crore) by issuing fixed rate senior unsecured notes.
The NCLAT said that the matter was already pending before the NCLT for passing the order
Company could now set eyes on NCLT-listed Dighi Port, say analysts
Total income in the quarter under review increased to Rs 3,326.90 crore from Rs 2,922.32 crore in the year-ago period
Delay in freight corridor, muted near-term volumes, and a weak rupee are worries
The company has sought the land from the Odisha govt within 20-25 km radius of the port site
Adani group officials said Mundra Port will become India's largest container terminal port
The deal amount is A$19.25 mn dollars ($14.52 mn)
Total expenses were higher at Rs 937.80 crore from Rs 850.81 for the year-ago period
The consolidated total income rose 18% at Rs 2,162 crore.