The same is subject to approval of the company’s members and other approvals, as applicable, Adani Ports said.
Adani Ports’ board of directors will also consider convening an extra-ordinary general meeting or a postal ballot process for the approval of shareholders, with regards to the proposal of preferential issue, it added.
On another note, the company reported its highest-ever cargo volume of 41.5 MMT in March 2025, up 9% from the year-ago period.
This was led by containers, which gained 19% and the liquids and gas volume, which was up 5% from the year-ago period.
During the financial year 2025, Adani Ports handled 450.2 MMT cargo volume, up 7% from the previous year. This was led by containers volume, which was up 20% and the liquids and gas volume, which was up 9% from the previous year.
Adani Ports shares ended the previous session 2.67% higher at ₹1,162 apiece. The stock has declined 18.19% in the last six months.
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