Adani Ports Promoters Declare No Encumbrance On Shares For FY26

Adani Ports and Special Economic Zone Limited has submitted a declaration regarding the encumbrance of shares held by its promoter group for the financial year ended March 31, 2026. The disclosure was made to the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The S.B. Adani Family Trust, a promoter group entity, confirmed on behalf of the entire promoter and promoter group that no encumbrance has been created over the shares of adani ports & sez , directly or indirectly, during the financial year. This declaration excludes any encumbrances for which disclosures were already made during the same period under the relevant provisions of the regulations.

Promoter Shareholding Details

The shareholding of the promoter and promoter group stood at 1,56,71,96,238 shares as on March 31, 2026. This represents 68.02% of the total share capital and 68.02% of the total diluted share capital. The detailed breakdown of the holdings across various promoter group entities is provided below.

Sr. No.	Promoter / Promoter Group Entity	Number of Shares	% of Total Share Capital	% of Total Diluted Share Capital
1	Gautam Shantilal Adani & Rajesh Shantilal Adani (S. B. Adani Family Trust)	71,07,53,935	30.85	30.85
2	Gautambhai Shantilal Adani & Pritiben Gautambhai Adani (Gautam S. Adani Family Trust)	0	0.00	0.00
3	Rajeshbhai Shantilal Adani & Shilin Rajeshbhai Adani (Rajesh S. Adani Family Trust)	0	0.00	0.00
4	Adani Tradeline Private Limited	13,81,93,549	6.00	6.00
5	Gautam Shantilal Adani	1	0.00	0.00
6	Rajesh Shantilal Adani	30,001	0.00	0.00
7	Adani Properties Private Limited	16,85,000	0.07	0.07
8	Adani Rail Infra Private Limited	7,06,21,469	3.07	3.07
9	Worldwide Emerging Market Holding Ltd	8,60,92,798	3.74	3.74
10	Afro Asia Trade and Investments Ltd	8,99,45,212	3.90	3.90
11	Emerging Market Investment DMCC	13,62,35,995	5.91	5.91
12	Flourishing Trade and Investment Ltd	12,44,54,607	5.40	5.40
13	Gelt Bery Trade and Investment Ltd	100	0.00	0.00
14	Spitze Trade and Investment Ltd	1,23,58,700	0.54	0.54
15	Resurgent Trade and Investment Ltd	5,30,04,718	2.30	2.30
16	Carmichael Rail And Port Singapore Holding Pte Ltd	14,38,20,153	6.24	6.24
17	Infinite Trade and Investment Ltd	0	0.00	0.00
Total		1,56,71,96,238	68.02	68.02

The declaration was signed by authorised signatories Pritamkumar Shah and Nenmal Shah on April 4, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.36%	+0.76%	+12.09%	+20.75%	+29.06%	+132.31%

Adani Ports & SEZ , one of India's leading integrated ports and logistics companies, has announced that The Adani Harbour International FZCO (TAHID), a step-down subsidiary of the company, has entered into a Share Purchase Agreement on May 15, 2026, for the acquisition of a 51% stake in Meridian Transportes Marítimos S.A. ("Target") from Logística y Servicios Marítimos S.A. and Simpo S.A. The acquisition is structured as a cash transaction and is expected to be completed within 4 months, with no governmental or regulatory approvals required.

Acquisition Details

The key parameters of the transaction are outlined below:

Parameter:	Details
Acquiring Entity:	The Adani Harbour International FZCO (TAHID), step-down subsidiary of Adani Ports & SEZ
Target Company:	Meridian Transportes Marítimos S.A.
Sellers:	Logística y Servicios Marítimos S.A. and Simpo S.A.
Stake Acquired:	51% of share capital (510,000 Class A ordinary shares of ARS 1 par value each, one vote per share)
Consideration:	Cash
Cost of Acquisition:	USD 444.49
Date of Agreement:	May 15, 2026
Expected Completion:	Within 4 months
Related Party Transaction:	No

About the Target Entity

Meridian Transportes Marítimos S.A. was incorporated in Argentina on September 19, 2023, and registered before the Public Registry of the City of Buenos Aires, Argentina on October 20, 2023. The company operates in the maritime transport and nautical services sector, with a share capital of ARS 1,000,000. It holds a nautical services contract with Southern Energy S.A. (SESA) executed on December 22, 2025, for the supply of six vessels for a period of 10 years.

The financial performance of the Target over the last three years is as follows:

Period:	Financial Performance
FY2023:	Net loss of approx. USD 698
FY2024:	Net loss of approx. USD 848
FY2025:	Net profit of approx. USD 1,499

Logística y Servicios Marítimos S.A. and its affiliates are among the leading maritime groups in Argentina, engaged in providing maritime and port logistics services to the shipping and energy industries, including shipping agency, brokerage, and towage services.

Strategic Rationale and Additional Agreement

The acquisition is aimed at establishing a joint venture for the provision of nautical services in Argentina, leveraging the Target's existing services contract with Southern Energy S.A. This move is in line with Adani Ports & SEZ's strategy of expanding maritime operations in South America. In addition to the stake acquisition, TAHID and Logística y Servicios Marítimos S.A. have entered into a definitive agreement pursuant to which TAHID will sell a 20% stake in a company to be incorporated in the UAE for the ownership of vessels, to an affiliate of Logística y Servicios Marítimos S.A. The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.