Adani Ports and Special Economic Zone Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The report, which covers the period from April 01, 2025, to March 31, 2026, discloses the company's performance on environmental, social, and governance parameters, including energy consumption, water usage, and safety statistics. The disclosures have been assured by TUV India Pvt Ltd under the International Standards on Assurance Engagements (ISAE 3000).

Financial and Operational Overview

The company reported a turnover of ₹38,735.77 crore for FY26, compared to ₹30,475.33 crore in the previous year. The report details the company's operations across 50 plants and 1 office nationally, alongside 4 plants and 1 office internationally. Adani Ports operates as an integrated transport utility, primarily serving B2B customers in port operations, cargo handling, and logistics. The company stated that exports are not applicable as it is a service-providing entity rather than a manufacturing one.

Environmental Performance

Adani Ports disclosed its total energy consumption for FY26 as 3,980.14 TJ, with renewable sources accounting for 530.96 TJ. The company reported a total Scope 1 emission of 1,58,998.00 metric tonnes of CO2 equivalent and Scope 2 emissions of 2,82,689.55 metric tonnes of CO2 equivalent. Water consumption intensity per rupee of turnover stood at 0.0000199241 KL/INR. The company has implemented a Zero Liquid Discharge mechanism at locations mandated by the Pollution Control Board and treats sewage and effluent per statutory guidelines.

Social and Safety Metrics

The company reported a workforce of 50,822 individuals, comprising 2,587 employees and 48,235 workers. Women accounted for 6.69% of the total employee base and 4.51% of the total workforce. The report highlighted safety incidents, recording 4 worker fatalities and 29 total recordable work-related injuries for workers in FY26. The Lost Time Injury Frequency Rate (LTIFR) for workers was 0.21 per million person hours worked. The company noted that it has implemented an occupational health and safety management system aligned with ISO 45001 standards.

Governance and Assurance

The report confirms that Adani Ports has established various board committees, including the Corporate Responsibility Committee and Stakeholders' Relationship Committee, to oversee sustainability-related policies. TUV India Pvt Ltd provided reasonable assurance for the BRSR Core disclosures and the nine BRSR principles. The assurance engagement verified key performance indicators related to greenhouse gas emissions, water footprint, energy footprint, waste management, and employee safety.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE742F01042/d9d87e892a744036.pdf

Adani Ports and Special Economic Zone Limited has entered into a Share Purchase Agreement with Jaiprakash Associates Limited to acquire 100% of the shareholding of Jaypee Fertilizers & Industries Limited for ₹1,500 crore in cash. The transaction is being undertaken as part of the resolution plan approved by the National Company Law Tribunal (NCLT) for Jaiprakash Associates Limited and is expected to be consummated on the 'Effective Date' under the plan, which shall not be later than 90 days from the NCLT approval date of March 17, 2026.

Acquisition Details

The following table summarises the key parameters of the transaction:

The target entity, Jaypee Fertilizers & Industries Limited, is the holding company of Kanpur Fertilizers and Chemicals Limited. This subsidiary holds approximately 243 acres of industrial and commercial land in Kanpur, which is considered strategically ideal for the development of a world-class logistics park and warehousing facilities aligned with Adani Ports' logistics business.

Strategic Rationale

This acquisition is designed to consolidate Adani Ports' inland logistics presence and service capabilities in North India. The move aligns with its ambition to expand its Multi-Modal Logistics Park (MMLP) network from 12 to 16 locations and increase warehousing capacity by approximately four times by 2031.

Regulatory Approvals and Timeline

All necessary regulatory approvals have been secured. The key milestones in the approval process are outlined below:

The Competition Commission of India (CCI) granted its approval on August 26, 2025. The NCLT, Allahabad bench, subsequently approved the resolution plan on March 17, 2026, a decision upheld by the National Company Law Appellate Tribunal (NCLAT) on May 04, 2026. The acquisition is expected to be consummated within 90 days from the NCLT approval date.

Target Entity Overview

Jaypee Fertilizers & Industries Limited was incorporated on June 03, 2010, and operates within the fertilizer and chemicals industry. The entity has a wholly-owned subsidiary, Jaypee Uttar Bharat Vikas Private Limited, and a step-down subsidiary, Kanpur Fertilizers and Chemicals Limited. The target entity does not constitute a related party transaction, and the promoter group does not hold any interest in the entity being acquired.

The financial performance of the target entity is presented below: