Adani Ports & Special Economic Zone Ltd
NSE: ADANIPORTS BSE: 532921
₹1726.40
-36.60 (2.08%)
Fri, 23 Oct 2026, 05:55 pm
Market Cap (in Cr)405957.57
PE Ratio29.46
Dividend0.43
Transportation
Other Transportation
24.5KAdani Ports & Special Economic Zone Ltd 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.
