Adani Ports and Special Economic Zone Ltd.

Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can under the Portfolio Investment Scheme (PIS) now invest upto 49 per cent of the paid up capital of Adani Ports and Special Economic Zone (APSEZ). The company’s Board of Directors’ has passed a resolution and its shareholders have passed a special resolution agreeing for enhancing the limit for the purchase of its equity shares by FIIs/RFPIs.

APSEZ is engaged in the business of providing infrastructural facilities. The Company is primarily involved in the business of developing, operating and maintaining the port and port-based related infrastructure services, including multi product special economic zone at port location.