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 has incorporated a wholly-owned subsidiary, Udanvat Leasing IFSC, with the objective of carrying out the business activity of owning and leasing aircraft
The investment firm picked up 22.56 lakh shares of Adani Ports through bulk deal on August 17, 2023, raising its stake in the company from 4.93% to 5.03%.
Deloitte, the auditor of APSEZ, raised concerns over Adani Ports' transactions with three entities, which the company said were unrelated parties.
India's largest port operator said it handled 300 million metric tonne (MMT) of cargo as on February 23, 2023, in just 329 days, beating its own milestone from last year of 354 days.