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Informist, Wednesday, Apr. 1, 2026

 

NEW DELHI – The Ahmedabad bench of the National Company Law Tribunal Wednesday approved the merger of Adani Harbour Services Ltd. with Adani Ports and Special Economic Zone Ltd. The bench of judicial member Chitra Ram Hankare and technical member Govindan Venkata Chalapathy "allowed" the scheme of amalgamation between the companies. Adani Harbour Services shall stand dissolved without being wound up, without any further act or deed, according to the merger scheme.

 

The merger scheme said all equity shares issued by Adani Harbour and held by Adani Ports and its nominees shall stand cancelled and extinguished and there shall be no allotment of equity shares in the latter. The holders of the listed secured non-convertible debentures in Adani Ports shall continue to hold the same, even post the merger becoming effective on the same terms and conditions at which they were issued, it said. The liability of Adani Ports towards the listed secured non-convertible debenture holders was neither being reduced nor being extinguished under the merger, it said. 

 

According to the merger documents, the amalgamation of Adani Harbour Services into Adani Ports will enable the reduction in the number of corporate entities that require monitoring and corporate compliance and other administration work. It will help in realising operational synergies and integrating business functions, said the merger scheme.

 

The merger will result in rationalisation of administrative and operational work which will foster organisational efficiencies, and reduction in overheads and other expenses, the amalgamation scheme stated. Apart from bringing synergies in the operations, it will result in the reduction in overall legal, regulatory and accounting compliance, and the resultant operations would be substantially cost-efficient, it added.

 

Adani Harbour Services provides consultancy services for port operations involving movement of vessels using tugging, berthing and de-berthing operations using tugs, provides marine logistic support services, towage and trans-shipment within inland waterways, in coastal waters and sea, and at various ports. Adani Harbour Services is also a wholly-owned subsidiary of Adani Ports, which is India's largest multi-port operator and developer. 

 

On Wednesday, shares of Adani Ports and Special Economic Zone ended 5.6% higher at INR 1,385.40 on the National Stock Exchange.  End

 

Reported by Surya Tripathi

Edited by Tanima Banerjee

 

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