Adani Ports and Special Economic Zone Limited (ADANIPORTS.NS)

686.40 +11.10 (+1.64%) At close: 03:29PM IST

Adani Ports and Special Economic Zone Limited

Adani Corporate House
Shantigram Near Vaishnodevi Circle S G Highway
Ahmedabad 382421
India
91 79 2656 5555
https://www.adaniports.com

Sector(s): Industrials
Industry: Marine Shipping
Full-time employees: 2,773

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gautambhai Shantilal Adani S.Y. B.Com	Chairman & MD	28M	N/A	1962
Mr. Karan G. Adani	CEO & Whole Time Director	21.32M	N/A	1987
Mr. Richard Ventre	Chief Information Officer	N/A	N/A	1976
Mr. D. Balasubramanyam	Group Head of Investor Relations	N/A	N/A	N/A
Mr. Kamlesh Bhagia	Company Sec. & Compliance Officer	N/A	N/A	N/A
Mr. Minesh Patel	Head of Legal	N/A	N/A	1961
Captain Umesh Shedde	Gen. Mang. of Marketing & Bus. Devel.	N/A	N/A	1960
Dr. Jayant Kumar	Head of HR	N/A	N/A	1971
Captain Sandeep M. Mehta	Pres of Bus. Devel.	N/A	N/A	1961
Dr. Bakul Harshadrai Dholakia M.A., Ph.D.	Pres of Chairman & Managing Director Office	N/A	N/A	1947

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Adani Ports and Special Economic Zone Limited, together with its subsidiaries, develops, operates, and maintains port infrastructure facilities in India. It also engages in the ports related infrastructure development activities; and development of infrastructure at contiguous Special Economic Zone at Mundra. The company operates 12 ports and terminals with 64 berths to facilitate the handling of dry bulk, liquid cargo, crude oil, containers, ro-ro, and project cargo at Mundra, Hazira, Dahej, Dhamra, Vizag, Murmugao, Kattupalli, Ennore, Tuna, Krishnapatnam, Dighi, and Vizhinjam port locations. It also provides auto logistics, inland waterways, rail operation, warehousing, and agriculture logistics services, as well as operates multi-modal logistics parks; and offers capital, maintenance, and inland water dredging services. In addition, it is involved in the operation, development, maintenance, improvement, and extension of utility services, including power distribution; provision of passenger airline, dredging, and warehousing / storage facilities and other related services, as well as hospital and related services; and ownership and operation of harbour tugs, barges, other port crafts, ocean towage, and offshore support vessels, as well as offers marine services, such as pilotage, laying, and maintenance of buoys. The company was formerly known as Mundra Port and Special Economic Zone Limited and changed its name to Adani Ports and Special Economic Zone Limited in January 2012. Adani Ports and Special Economic Zone Limited was incorporated in 1998 and is headquartered in Ahmedabad, India. Adani Ports and Special Economic Zone Limited was formerly a subsidiary of Adani Enterprises Limited.

Corporate governance

Adani Ports and Special Economic Zone Limited’s ISS governance QualityScore as of 1 May 2022 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.