Adani Ports & SEZ has announced a significant milestone in its expansion strategy with the groundbreaking of the Adani Logistics Park in Kalamassery, Kochi. This ambitious project, part of the 'Invest in Kerala' program, represents a substantial investment of over ₹600 crore and marks a pivotal step in transforming Kerala into a logistics and industrial powerhouse.

Project Highlights

• Scale: The logistics park will span 70 acres, featuring 1.30 million sq. ft. of integrated logistics infrastructure.
• Investment: Over ₹600.00 crore invested under the 'Invest in Kerala' program.
• Job Creation: Expected to generate more than 1,500 jobs, boosting local employment and economic growth.
• Key Sectors: Designed to serve e-commerce, FMCG/FMCD, pharmaceuticals, automotive, and retail industries.

Smart and Sustainable Features

The Adani Logistics Park is set to showcase a range of innovative and environmentally conscious features:

• EV charging stations
• Smart logistics solutions
• Digital integration for enhanced operational efficiency
• Zero-touch operations from gate entry to invoicing

These features aim to provide a seamless, end-to-end digital experience, ensuring operational transparency and real-time visibility across the supply chain.

Strategic Importance

Ashwani Gupta, Whole-Time Director & CEO of Adani Ports & SEZ, emphasized the strategic importance of the project, stating, "The Kalamassery Logistics Park marks a significant milestone in APSEZ's transformation from a ports-focused enterprise into a fully integrated transport and logistics business. As one of our largest efforts in this direction, the Park will play a pivotal role in strengthening our logistics presence in southern India, supporting local manufacturing and regional growth."

Government Support

The project has received strong support from the Kerala government. P. Rajeeve, Honorable Minister for Law, Industries and Coir, commented on the development, saying, "The Kalamassery Logistics Park reflects APSEZ's vision for smart, sustainable infrastructure that drives trade, empowers communities, and connects markets. More than a logistics hub, it is a catalyst for inclusive growth and regional transformation."

Economic Impact

The Adani Logistics Park is expected to have a significant economic impact on the region:

• Reduce transportation costs for businesses
• Enable just-in-time operations
• Enhance export capabilities
• Create opportunities for SMEs within the supply chain ecosystem

Inauguration

Kerala Chief Minister Pinarayi Vijayan is set to inaugurate this landmark project, underscoring its importance to the state's industrial development strategy.

As Adani Ports & SEZ's first logistics park in Kochi, this project represents a major step in the company's vision to become the largest ports and logistics platform in the world within the next decade. It also aligns with India's broader goals of improving its logistics infrastructure and enhancing its position in global supply chains.

Adani Ports & SEZ has announced the final results of its tender offers to repurchase senior notes across three series, totaling up to $450 million. The tender offers, which expired on August 13, 2025, were part of the company's ongoing capital management strategy.

Tender Offer Details

The company sought to purchase:

• Up to $125 million of 4.20% Senior Notes due 2027
• Up to $200 million of 4.00% Senior Notes due 2027
• Up to $125 million of 4.375% Senior Notes due 2029

Late Tender Results

After the early tender date, Adani Ports received additional valid tenders for two of the note series:

These late tenders will be accepted without proration, as they fall within the maximum acceptance amounts for each series.

Early Tender Outcome

For the 4.20% Notes due 2027, the aggregate principal amount tendered before the early deadline had already exceeded the maximum acceptance amount. Consequently, no additional notes from this series were accepted after the early tender date.

Settlement Details

The final settlement date for the accepted notes is expected to be around August 18, 2025. On this date, Adani Ports will pay the tender offer consideration to the holders of the accepted notes, along with accrued and unpaid interest up to, but excluding, the final settlement date.

Previous Acceptances

Prior to the late tender results, the company had already accepted:

• $154,163,000 of the 4.00% Notes due 2027
• $105,215,000 of the 4.375% Notes due 2029

Future Capital Management Plans

Adani Ports indicated that it might undertake further liability management exercises as part of its capital management plan. These potential exercises could result in a significant reduction of the outstanding amounts across different series of notes issued by the company, subject to market conditions.

Advisors

Cantor Fitzgerald & Co. and Jefferies Singapore Limited served as joint dealer managers for the tender offers, while Sodali and Co Ltd. acted as the information and tender agent.

The tender offers were conducted in compliance with applicable securities laws and regulations, with specific restrictions for certain jurisdictions including the United States, United Kingdom, European Economic Area, and Singapore.