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Adani Ports’ arm signs share purchase agreement with Seabird Marine Services

31 Jan 2022 Evaluate

Adani Krishnapatnam Port, wholly owned subsidiary of Adani Ports and Special Economic Zone, has signed Share Purchase Agreement on January 28, 2022 with Seabird Marine Services, to acquire 100% stake of Seabird Distriparks (Krishnapatnam) (Seabird Distriparks). The Investment is in line with Company’s strategy to increase its footprint in Andhra Pradesh.

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.

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