Adani Acquires Dependencia Logistics

  Published 10 months ago

Adani Ports buys Dependencia for Rs 37.77 crore, expanding logistics capabilities across India's growing market and reach.

  • Dependencia, incorporated in February 2022, provides transportation logistics services but has not started operations yet.
  • Acquisition cost Rs 37.77 crore, reflecting APSEZ's strategy to strengthen its logistics portfolio in the Indian market.
  • APSEZ, India's largest private port operator, aims to develop Dependencia's logistics business for future growth.

You might like these

Indian Mutual Funds Boost Short-Term Bond Buys Amid Surplus Liquidity

India’s WPI Inflation Turns Negative

Force Motors: Exports Dip, Sales & Profits Rise

Sterling Opens New Hotel in Dehradun

Confidence Petroleum Expands Auto LPG Network

SSWL July Turnover Rises, Profit Dips

Dreamfolks Services FY25: Mixed Results & Growth Plan

News that matters the most ⚡