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Adani Ports incorporates wholly owned subsidiary company

09 Mar 2022 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has incorporated a wholly owned subsidiary company namely ‘HDC Bulk Terminal’ on March 7, 2022. HDC Bulk Terminal has been incorporated as a wholly owned subsidiary of the Company for carrying out the project i.e. mechanization of Berth No 2 on Design, Build, Finance, Operate, Transfer (DBFOT) basis at Haldia Dock Complex Syama Prasad Mookerjee Port, Kolkata. Cost of acquisition is Rs 5 lakh  (50,000 Equity Shares of Rs 10 each).

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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