Adani Ports and Special Economic Zone Ltd.

Adani Ports and Special Economic Zone’s (APSEZL) wholly owned subsidiary -- Adani Logistics is planning to acquire Adani Agri Logistics (AALL) from Adani Enterprises. The acquisition will be an all cash deal and is expected to be completed by March, 2019.

AALL is the pioneer in providing efficient storage through silos and transportation by rail. The company has 1.58 MMT fully contracted capacity with modern agri infrastructure of 7 trains, 28 storage / handling infrastructure facilities across 10 States. AALL targets to double infrastructure capacity in the next 3 years and tap the new 12.5 MMT infrastructure market as well as opportunities such as conventional storage conversion, among others.

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.