Adani Ports & SEZ , India's largest private port operator, has announced two significant developments: the proposed appointment of a new independent director and impressive operational performance for the first half of fiscal year 2026.

Board Appointment

Adani Ports and Special Economic Zone Limited (APSEZ) has issued a postal ballot notice dated October 3, 2025, seeking shareholder approval for the appointment of Manish Kejriwal as an Independent Director. Kejriwal, 57, was initially appointed as an Additional Director on August 5, 2025, for a three-year term.

Kejriwal brings a wealth of experience to the board. He is the Founder and Managing Partner of Kedaara Capital, a private equity firm managing over $6.00 billion. His impressive career includes founding Temasek Holdings' India office and serving as a Partner at McKinsey & Company. Kejriwal's expertise spans various sectors, including consumer, financial services, pharma/healthcare, technology, and industrials.

The e-voting period for shareholders to approve Kejriwal's appointment runs from October 5, 2025 (9:00 AM) to November 3, 2025 (5:00 PM). CS Chirag Shah has been appointed as the scrutinizer for the postal ballot process.

Operational Performance Update

Alongside the board appointment news, APSEZ has reported strong operational performance for September 2025 and the first half of FY26:

September 2025 Performance

H1 FY26 Performance (April-September 2025)

These figures demonstrate APSEZ's continued growth and operational efficiency across its port and logistics segments.

The combination of strengthening its board with experienced professionals like Manish Kejriwal and delivering robust operational results positions Adani Ports and Special Economic Zone Limited for continued success in the port and logistics sector.

Adani Ports and Special Economic Zone Limited (APSEZ) has reported significant growth in its cargo handling operations, marking a strong performance for the first half of the fiscal year.

Record-Breaking H1 Performance

APSEZ handled an impressive 244.20 Million Metric Tonnes (MMT) of port cargo during H1, representing an 11% year-over-year increase. This volume marks the company's highest ever half-yearly cargo handling, showcasing its operational efficiency and growing market presence.

Container Volume Surge

A standout feature of APSEZ's performance was the substantial growth in container volume. The company reported a remarkable 20% year-over-year increase in container handling during H1, indicating a robust demand in the containerized cargo segment.

September Highlights

For the month of September alone, APSEZ handled a total port cargo volume of 41.60 MMT, reflecting an 11% growth compared to the same month last year. The container segment continued to drive growth, with a 14% year-over-year increase in September.

Additionally, Adani Ports reported a 22% year-over-year growth in TEUs (Twenty-foot Equivalent Units) for September, further highlighting the strong performance in the container segment.

Logistics Division Performance

APSEZ's logistics division also showed strong results:

Notably, Adani Ports achieved record logistics rail volumes in H1. However, the GPWIS (General Purpose Wagon Investment Scheme) volume remained unchanged during September.

Conclusion

The consistent growth across various segments suggests a positive outlook for the company. The record-breaking performance in cargo handling and logistics operations indicates APSEZ's strong market position and operational capabilities in the port and logistics sector.

As Adani Ports continues to expand its operations and improve its efficiency, these results demonstrate the company's resilience and ability to capitalize on the growing demand for port and logistics services in India.