-17.90 (-1.12%) Adani Ports and Special Economic Zone (APSEZ) has incorporated a Wholly Owned Subsidiary (WOS) namely, Adani Aviation Fuels (AAFL), on September 29, 2022 with an Initial Authorized Share Capital of Rs 5,00,000 and Paid-Up Share Capital of Rs 5,00,000 each to, inter alia, carry on business of sourcing, transporting, supplying & trading of Aviation related fuels, constructing, developing, managing, maintaining, building, equip, hiring of infrastructure related to the business within and outside India. AAFL will commence its business operations in due course.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.