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Adani Ports Says US Legal Summons Report Does Not Involve Company

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Adani Ports Says US Legal Summons Report Does Not Involve Company

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Adani Ports & Special Economic Zone Ltd ( (IN:ADANIPORTS) ) has shared an announcement.

Adani Ports and Special Economic Zone Ltd has informed Indian stock exchanges that a recent media report about a US regulator seeking measures to serve legal summons on Gautam and Sagar Adani does not involve the company itself. Reiterating an earlier clarification from November 2024, the company stated there are no allegations against it, it is not a party to the referenced proceedings, and the media report does not trigger any disclosure obligations under SEBI’s Listing Regulations, signalling that management does not see a direct regulatory or operational impact on the business from this development.

More about Adani Ports & Special Economic Zone Ltd

Adani Ports and Special Economic Zone Ltd is India’s largest private port operator, developing, operating and maintaining ports, terminals and related logistics infrastructure. The company focuses on cargo handling and special economic zone services across key maritime locations, serving as a critical gateway for India’s international trade and logistics corridors.

Average Trading Volume: 81,745

Technical Sentiment Signal: Buy

Current Market Cap: 2957B INR

Find detailed analytics on ADANIPORTS stock on TipRanks’ Stock Analysis page.

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