Adani Ports Incorporates Step-Down Subsidiary Ocean Sparkle Offshore Ltd

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced the incorporation of its step-down subsidiary, Ocean Sparkle Offshore Limited (OSOL), on August 10, 2026. OSOL is a wholly owned subsidiary of Ocean Sparkle Limited, which is itself a step-down subsidiary of APSEZ. The new entity has been established with an authorized and paid-up share capital of ₹5,00,000, divided into 50,000 equity shares of ₹10 each. OSOL will focus on ships management and operation, aligning with APSEZ's broader strategy to diversify its global fleet and build a leading integrated marine platform. This move is expected to expand the geographic reach of APSEZ's marine business.