-33.60 (-2.40%) Adani Ports and Special Economic Zone’s (APSEZ) stake in each of Adani Petroleum Terminal (APTPL), Adani Dhamra LPG Terminal (ADLPG) and Mundra LPG Terminal (MLPG) has been diluted to 0.99%, pursuant to the allotment of further equity shares by these subsidiary companies.
Accordingly, APTPL, ADLPG, MLPG have ceased to be subsidiaries and Dhamra LNG Terminal has ceased to be step down subsidiary of the company with effect from December 29, 2018.
APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.