Date: September 10, 2025 Adani Ports and Special Economic Zone Ltd. (APSEZ) has taken a strategic step to strengthen its logistics business by acquiring 100% equity stake in Dependencia Logistics Private Limited, a logistics services company that is yet to commence operations. The acquisition has been completed by its step-down subsidiary, Mandhata Build Estate Limited, through a cash consideration of Rs. 37.77 crores. Dependencia Logistics, incorporated in Mumbai on February 12, 2022, is set up to provide transportation and logistics services across all kinds of goods. With an authorized and paid-up share capital of 1,00,000 shares of Rs. 10 each, the company is at its early stage and is expected to support APSEZ’s logistics expansion initiatives. The transaction is not a related party transaction and does not require any governmental or regulatory approvals. The move aligns with APSEZ’s objective to deepen its footprint in the logistics sector and enhance service capabilities across supply chains. Disclaimer: This is for information only and not a recommendation. Follow me for more updates.

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