Acquisitions10 Sept 2025, 09:34 pm
Adani Ports Acquires Dependencia Logistics for Rs. 37.77 Crores
AI Summary
Adani Ports and Special Economic Zone Limited has acquired 100% stake of Dependencia Logistics Private Limited from Windson Projects LLP pursuant to a Share Purchase Agreement executed on September 10, 2025. The acquisition is done at a consideration of Rs. 37.77 crores. Dependencia is incorporated in India and registered with the Registrar of Companies, Maharashtra at Mumbai on February 12, 2022. The objective of acquisition is for the development of logistics business. Dependencia is yet to commence business operations.
Key Highlights
- Adani Ports has acquired 100% stake of Dependencia Logistics Private Limited for Rs. 37.77 crores.
- Dependencia is incorporated in India and registered with the Registrar of Companies, Maharashtra at Mumbai on February 12, 2022.
- The objective of acquisition is for the development of logistics business.
- Dependencia is yet to commence business operations.
- The acquisition does not fall under related party transactions.