Wholly owned subsidiary incorporated for two dry bulk berths at Paradip Port, Odisha

Adani Ports incorporated a wholly owned subsidiary, Paradip Mahanadi Terminal Limited, on October 6, 2026.

Tue 6 Oct 2026

Subsidiary Incorporated

Paradip Mahanadi Terminal Limited, on October 6, 2026

Purpose

development and operations of two dry bulk berths at Paradip Port, Odisha

Capital & Holding

Rs. 5,00,000 — 50,000 shares of Rs. 10 each; Holding: 100%

Wholly owned subsidiary incorporated

• Adani Ports and Special Economic Zone Limited has incorporated a wholly owned subsidiary named Paradip Mahanadi Terminal Limited on October 6, 2026.
• The certificate of incorporation was received on October 6, 2026.
• The new company belongs to the port industry and is yet to commence its business operations.

Why the entity was set up

• Paradip has been incorporated for the development and operations of two dry bulk berths at Paradip Port, Odisha.
• APSEZ holds 100% of the shares of Paradip, making it a wholly owned subsidiary.

Capital at incorporation

• Authorised and paid-up share capital: Rs. 5,00,000, divided into 50,000 equity shares of Rs. 10 each.
• This is the capital with which the new company has been incorporated.

Perception

• The intimation is about the setting up of a new wholly owned subsidiary, and it follows the company's earlier letter dated September 9, 2026 on the same subject.
• The new entity is dedicated to two dry bulk berths at Paradip Port, Odisha.

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