Commercial ports operator in India, Adani Ports and Special Economic Zone Ltd has announced that Adani International Container Terminal Pvt Ltd (AICTPL), its joint venture firm, is planning to raise $300 million to retire some of its debt. The company stated in a regulatory filing – “Adani International Container Terminal Pvt Ltd (AICTPL), a 50:50 […]
Tag: adani ports
Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, announced that it has successfully deployed TCS DynaPORT, a state-of-the-art terminal operating system at the Mundra CT4 terminal for Adani Ports and Special Economic Zone (APSEZ) Limited, India’s largest private port operator and end-to-end logistics provider. The deployment was completed remotely, while […]
Adani Ports and Special Economic Zone Limited, India’s largest port developer, operator and the logistics arm of the Adani Group will be acquiring a controlling stake of 75% from the existing shareholders of KPCL. This acquisition will accelerate APSEZ’s stride towards 400 MMT by 2025. Acquisition value of KPCL is approximately Rs.13,500 cr. The purchase […]
Adani Logistics Limited , a wholly owned subsidiary of Adani Ports and SEZ Limited, today announced it has signed definitive agreements to acquire 40.25% stake in Snowman Logistics Ltd. from Gateway Distriparks Ltd. The purchase price of INR 44 / share represents a 3.2% premium to the market price of December 27, 2019 and a […]