Adani Ports incorporates aircraft leasing unit; stock rises
Adani Ports has incorporated a wholly-owned subsidiary, Udanvat Leasing IFSC, with the objective of carrying out the business activity of owning and leasing aircraft
adani ports and special economic zones
October 2023
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October 2022
Adani Reaps Maritime Riches
Karan Adani led series of acquisitions to make APSEZ a global player in ports.
Adani Ports shares fall 3% after Deloitte resigns as auditor
“The grounds advanced by Deloitte for resignation as statutory auditor was not convincing or sufficient to warrant such a move,” says Adani Group Company.
Adani Ports shares jump 3% on plan to buyback debt securities
The board of APSEZ will meet on April 22 to consider partial buyback of its rupee or U.S. dollar denominated debt securities in the current fiscal.
Adani Ports ends FY23 with 9% growth; records largest-ever cargo volume
In March, the company registered a 9.5% YoY growth by handling 32 million tonnes of cargo volumes.
Fitch affirms ‘BBB-’ rating to Adani Ports; maintains stable outlook
Adani Ports’ internal cash surplus is sufficient to cover its near-term operations and debt obligations as well as its budgeted capex, says Fitch
Adani group raises ₹15,446 cr via stake sale to GQG Partners; stocks surge up to 10%
GQG has acquired 3.4% stake in Adani Enterprises, 4.1% in Adani Ports, 2.5% in Adani Transmission, and 3.5% in Adani Green Energy.
Adani Ports Q3 profit drops 16% to ₹1,316 cr; revenue rises 17.5%
APSEZ is targeting FY24 revenue of ₹19,200-19,800 crore, while EBIDTA is projected in the range of ₹12,200-12,600 crore.
Adani group stocks rise; Adani Transmission up 5% on strong Q3
Adani Enterprises and Adani Wilmar shares were locked in their respective 10% and 5% upper circuit limit on the BSE. Adani Port, ACC, and Ambuja Cements rose up to 9%.
Adani Ports gets NCLT approval to acquire Gangavaram port
With the acquisition, GPL will become a 100% subsidiary of Adani Ports and Special Economic Zone.
