pocketful logo
Adani Ports & Special Economic Zone Ltd logo

Adani Ports & Special Economic Zone Ltd

NSE: ADANIPORTS BSE: 532921

1772.60

(0.56%)

Sun, 24 May 2026, 05:02 pm

Company History

1994

  • Received GMB approval to set up captive jetty.

1998

  • Incorporated as Gujarat Adani Port Limited.
  • Phased operations commenced at Mundra Port.
  • Berths 1 and 2 became operational.

1999

  • Berths 3 and 4 became operational.

2001

  • Signed Concession Agreement with GMB.
  • Commercial operations began.
  • All 4 berths and mechanization fully operational; trial rail operations commenced.

2002

  • Signed agreements with GGSRL for SPM.
  • Signed agreements with IOC for SPM.
  • Signed railway agreements.

2003

  • Merged with Adani Port Limited effective April 1.
  • Signed sub-concession with MICT for container terminal.
  • Container terminal became operational.

2004

  • Signed shareholders agreement with Kutch Railway Company Limited.

2005

  • SPM became operational.

2006

  • Merged with MSEZ and ACL effective April 1.
  • Approved as SEZ developer on April 12.
  • Received SEZ notification for 2,406.8 hectares on June 23.
  • Changed name to Mundra Port and Special Economic Zone Limited effective July 7.
  • Operationalized 10 additional bulk berths.
  • Commenced double stack train operations.

2007

  • Received additional SEZ notification for 251.4 hectares.
  • Started operations at Terminal II.
  • Started operations at Container Terminal II.

2009

  • Maruti Suzuki A-star sailed to Europe from Mundra.
  • ADANI Auto Terminal commenced operations.

2010

  • Constructed four-lane 1.5 km RoB for Rs 50 crore.
  • Handled largest container vessel in India (LOA 332m).
  • Commissioned mini shipyard using balloon technology.
  • Operationalized 60 MMT automated import coal terminal.
  • Split share face value from Rs 10 to Rs 2.

2011

  • Crossed 50 MT cargo handling in FY 2010-11.
  • Completed acquisition of Abbot Point X50 Coal Terminal.
  • Handled record 1 million tonnes fertiliser cargo in November.

2012

  • Changed name to Adani Ports and Special Economic Zone Ltd.
  • Dahej Port commissioned 2nd jetty.
  • Signed MoU with Port of Baltimore.
  • Bagged Rs 1,200 crore bulk terminal project at Kandla.

2013

  • Formed JV with MSC for Mundra container terminal.
  • Signed MOU with Port of Zeebrugge.
  • Began liquid cargo handling at Hazira.
  • Set record for coal handling at Mundra Port.

2014

  • Acquired Dhamra Port.
  • Received environmental and CRZ approval for Mundra SEZ.

2015

  • Announced Scheme of Arrangement.
  • Commissioned bulk terminal at Tuna Tekra, Kandla.
  • Received Letter of Award for Vizhinjam Port project.
  • Received IND A1+ rating from India Ratings.
  • Signed pact with L&T for Kattupalli Port operations.

2016

  • Agreed to jointly develop Mundra transhipment hub with Terminal Investment.
  • Signed agreement to acquire ports operations company.
  • Entered Share Purchase Agreement for TM Harbour Services Private Limited.

2017

  • Raised USD 500 million via foreign currency bonds.
  • Raised Rs 1,000 crore through NCDs.
  • Signed JV with CMA CGM for Mundra container terminal.
  • Incorporated subsidiary Adani International Terminals Pte. Ltd.
  • Raised Rs 1,600 crore through NCDs.

2018

  • Adani and Total formed partnership for integrated downstream energy market.
  • Signed regasification pact with GAIL for Dhamra LNG terminal.
  • Completed acquisition of Kattupalli Port from L&T.
  • Signed regasification pact with Indian Oil for Dhamra LNG terminal.

2019

  • Acquired Snowman Logistics for INR 296 crore.
  • Became first Indian port operator to record 200 MMT cargo movement.

2020

  • Received Management band in CDP 2020.
  • Ranked 14th in Dow Jones Sustainability Emerging Markets Index transportation sector.
  • Completed acquisition of Krishnapatnam Port for Rs 12,000 crore.
  • Became first Indian port to join Science Based Targets Initiative.

2021

  • Acquired Gangavaram Port for Rs 6,200 crore.
  • Achieved highest quarterly volume growth of 83% and EBITDA growth of 82%.
  • Became India’s first infrastructure company to raise 20-year international financing.
  • Entered strategic partnership with Flipkart for logistics and data centres.
  • Increased ownership to 100% in Krishnapatnam Port for Rs 2,800 crore.

2022

  • Received top ranking in Moody's Global ESG rating.
  • Acquired 49.38% stake in Indian Oiltanking Ltd for Rs 1,050 crore.
  • Adani Logistics acquired ICD Tumb from Navkar Corporation.
  • Signed MoU with AD Ports Group for joint investments in Tanzania.
  • Acquired Ocean Sparkle, India’s largest marine services company.

2023

  • Cargo volumes crossed 300 MMT in 329 days.
  • Completed acquisition of Oiltanking India GmbH's 49.38% stake in Indian Oiltanking Ltd.
  • Handled highest-ever rail cargo of over 120 MMT in FY22-23.
  • Expanded strategic partnership with MSC.

2024

  • Acquired 80% stake in Astro Offshore for USD 185 million.
  • Shone in World Bank’s global container port rankings.
  • Signed 30-year concession to operate Container Terminal 2 at Dar es Salaam Port.
  • Acquired Gopalpur Port for INR 3,080 crore.
  • Adani Vizhinjam Port won International Safety Award.
  • Secured top position for climate actions and environmental performance.

2025

  • Partnered with Motherson Dighi Port to handle 200,000 cars per year.
  • Entered top 10 in 2024 S&P Global Corporate Sustainability Assessment rankings.
  • Acquired 50 MTPA capacity NQXT Australia.
  • Signed up to TNFD as adopter, committing to nature-related disclosures from FY26.

Open Your Free Demat Account Now!

Step into a world of zero fees and limitless opportunities!

pocketful logo

2022-25 Pocketful. All rights reserved, Built with in India

Version -5.76

app image 1app image 2

Explore

Calculatorsfooter arrow down icon
Popular Calculatorsfooter arrow down icon
Group Stocksfooter arrow down icon
Asset Management Companiesfooter arrow down icon
Popular Stocksfooter arrow down icon
Indian Indicesfooter arrow down icon
Sector Wise Stocksfooter arrow down icon
IPOfooter arrow down icon
Share Marketfooter arrow down icon
Best MF Schemesfooter arrow down icon
Platformsfooter arrow down icon
Resourcesfooter arrow down icon

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800