Adani Ports Incorporates Step-Down Subsidiary Ocean Sparkle Offshore

Adani Ports and Special Economic Zone Ltd (APSEZ) announced the incorporation of its wholly-owned step-down subsidiary, Ocean Sparkle Offshore Limited (OSOL), on August 10, 2026. OSOL, established in India, will focus on ships management and operation, aligning with APSEZ's marine strategy to diversify its fleet globally and build an integrated marine platform. The new entity has an authorized and paid-up share capital of ₹1,00,000. This move is part of APSEZ's broader strategy to expand its marine business's geographic reach.