Adani Ports and Special Economic Zone Limited

Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has completed the acquisition of Karaikal Port Private Limited (KPPL) for Rs. 1,485 crore (US$ 179.55 million) pursuant to NCLT approval. Earlier, APSEZ was declared as the successful resolution applicant under the Corporate Insolvency Resolution Process (CIRP) of KPPL.

In December 2023, Terminal Investment Ltd (TiL), an associate of MSC Mediterranean Shipping Company (MSC), acquired a 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL) for an equity consideration of Rs. 247 crore (US$ 29.67 million).

In November 2023, the U.S. International Development Finance Corporation (DFC) announced that it will be funding Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.

In April 2023, Adani ports and SEZ acquires Karaikal port for US$ 180.88 million (Rs. 1,485 crore).

In July 2022, Adani Group acquired Haifa port for US$ 1.18 billion to hold 70% of the ports stake.

The rest 30% lies with local partners.

In March 2022, Adani and IOCL decided to construct nine new crude oil tanks at Mundra Port.

In January 2022, Adani Mundra port handles the largest ever container vessel in India.

In September 2021, with the acquisition of Gangavaram Port for Rs. 6,200 crore, APSEZ has fully unlocked India's eastern hinterland.

In July 2021, Adani Ports and Special Economic Zone (APSEZ) became the first infrastructure company in India to raise money from international markets for a 20-year period.

In April 2021, Flipkart announced a strategic and commercial partnership with the Adani Group. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited and Adani Ports & Special Economic Zone Limited, to strengthen Flipkart’s supply chain infrastructure and enhance its ability to serve the rapidly growing base of customers.

In March 2021, Adani Ports and Special Economic Zone Limited (APSEZ) announced plans to acquire 58.1% stake in Gangavaram Port Limited for Rs. 36.04 billion (US$ 493.7 million). The port is currently owned by DVS Raju and family

In March 2021, Adani Ports announced to partner with John Keells Holdings and Sri Lankan Ports Authority to develop and operate the West Container Terminal of the Colombo Port in Sri Lanka for 35 years

APSEZ completed the acquisition of Krishnapatnam Port Company Ltd., (KPCL), for an enterprise valuation of Rs. 12,000 crore (US$ 1.62 billion)

APSEZ becomes the first Indian port to sign up for the Science Based Targets Initiative (SBTi).

Acquired 40.25% stake in Snowman Logistics for Rs. 296 crore (US$ 42.35 million)

Acquired 70% stake in Kishnapatnam port for over Rs. 5,500 crore (US$ 790 million)

Mundra Port was ranked first in terms of total cargo handled across all Non-Major Ports and Major Ports in India for FY19

Raised Rs. 3,222.50 crore (US$ 500 million) in foreign currency denominated bonds

Acquired TM Harbour Services Private Limited

Acquired Dharma Port

Company name changed to Adani Ports and Special Economic Zone Ltd

Mundra Port and SEZ surpassed record 50 million tonnes of cargo

Notified as a Special Economic Zone (SEZ); merger with MSEZ and ACL

Merger of Adani Port Limited

Container terminal became operational

All four berths at Mundra Port became operational

Incorporated as Gujarat Adani Port Limited on May 26, 1998