Adani Ports and Special Economic Zone Ltd.

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Large Cap | Port
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Adani Ports’ step down arm completes acquisition of 80% stake in Astro Offshore group

Date: 25-10-2024

Adani Ports and Special Economic Zone’s step down subsidiary -- The Adani Harbour International DMCC has completed the acquisition of 80% stake in Astro Offshore group. The said acquisition is in line with Company’s strategy to increase its footprint in marine service market globally. Cost of acquisition is $194.78 million for 80% stake. 

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.