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Adani Ports & Special Economic Zone Ltd ( (IN:ADANIPORTS) ) has shared an announcement.
Adani Ports & Special Economic Zone Ltd has clarified that a recent Supreme Court ruling on its long-running grazing land dispute in Gujarat will not materially affect its operations or performance. The Supreme Court has quashed both the Gujarat government’s July 2024 order to resume 108 hectares of land allotted to the company and the Gujarat High Court’s directive to implement that order, instead instructing the state to issue fresh orders after hearing all concerned parties and to maintain status quo in the meantime; Adani Ports said no additional disclosure is required at this stage under securities regulations.
More about Adani Ports & Special Economic Zone Ltd
Adani Ports & Special Economic Zone Ltd is India’s largest private port operator, developing and managing ports, terminals and related logistics infrastructure across key maritime routes. The company focuses on integrated port-led development, including special economic zones, to support trade flows and industrial activity within India and international shipping corridors.
Average Trading Volume: 84,742
Technical Sentiment Signal: Hold
Current Market Cap: 3012.7B INR
See more data about ADANIPORTS stock on TipRanks’ Stock Analysis page.