Adani Ports &Special

By Bharath Rajeswaran

Aug 13 (Reuters) - Global index provider MSCI said on Thursday it will add four Indian companies to its widely tracked Global Standard index and remove three as part of its August review, underscoring the continuing churn in India's representation within global passive portfolios.

The changes will be implemented after the close of trading on August 31, 2026, and take effect on September 1, MSCI said.

Laurus Labs LAUL.NS, an active pharmaceutical ingredients manufacturer; Lenskart LENS.NS, an omnichannel eyewear retailer; Adani Energy Solutions ADAI.NS, the Adani Group's power transmission and distribution arm, and Groww BILO.NS, a digital investment and broking platform, will enter the index.

They will replace tyre maker Balkrishna Industries BLKI.NS, credit-card issuer SBI Cards SBIC.NS, and building-materials company Astral ASTL.NS. Following the reshuffle, the number of Indian constituents in the key MSCI index will rise to 166 from 165.

India's weightage in the global standard index will also rise to 11.9% from 11.8%, according to Nuvama Alternative and Quantitative Research.

The inclusion is expected to trigger significant buying by exchange-traded funds and other passive investors that replicate MSCI benchmarks.

Nuvama Alternative and Quantitative Research estimates potential inflows of about $598 million for Laurus Labs, $352 million for Lenskart, $310 million for Adani Energy Solutions and $256 million for Groww.

Conversely, Balkrishna Industries, SBI Cards and Astral could see estimated passive outflows of $169 million, $143 million and $138 million, respectively.

The review also recalibrated weights among existing index members. Eternal ETEA.NS is projected to attract the largest incremental passive inflow, at around $674 million, following an increase in its weight. Adani Enterprises ADEL.NS and Adani Ports APSE.NS could receive about $202 million and $77 million, respectively.

Reliance Industries RELI.NS is estimated to face outflows of roughly $523 million, while Jio Financial Services JIOF.NS may see $61 million in outflows.

Separately, MSCI's Small Cap index review added companies including Amagi Media Labs AMAI.NS, Ather Energy ATHR.NS, Clean Max CLEM.NS, E2E Networks EENE.NS, Embassy Developments EMBS.NS, Patanjali Foods PAFO.NS, Rubicon Research RUBI.NS, Sedemac Mechatronics SEDE.NS, Sky Gold and Diamonds SKYG.NS, United Breweries UBBW.NS, Urban Company URBN.NS and WeWork India WEWO.NS, while removing 19 stocks.

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Rashmi Aich)

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Aug 7 (Reuters) - India Government:

• INDIA GOVERNMENT: KERALA STATE GOVERNMENT HAS INFORMED IT HAS RECEIVED PROPOSAL FROM ADANI PORTS FOR 49% STAKE SALE IN VIZHINJAM PORT

• INDIA GOVERNMENT: FEDERAL GOVERNMENT HAS NOT RECEIVED ANY PROPOSAL FROM ADANI PORTS TO OBTAIN FOREIGN INVESTMENT CLEARANCES FOR VIZHINJAM STAKE SALE

Further company coverage: APSE.NS

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Aug 3 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS- DURING JUL’26, APSEZ HANDLED CARGO VOLUME OF 46.3 MMT (+15% YOY)

Source text: ID:nPLXSKKSJ6

Further company coverage: APSE.NS

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Adds details, background throughout

July 29 (Reuters) - Adani Ports and Special Economic Zone APSE.NS reported a more than 9% increase in first-quarter profit on Wednesday as strong cargo volumes and steady domestic demand helped India's largest private port operator offset disruption in global trade.

Consolidated net profit rose to 36.2 billion rupees ($378.37 million) in the quarter ended June 30 from 33.15 billion rupees a year earlier. Revenue from operations rose 19% to 108.21 billion rupees.

The results show how a resilient domestic economy is shielding the company from a fragmented global supply chain, even as tariffs, geopolitical tensions and longer shipping routes strain the wider logistics sector.

Port operators globally face a tougher trade environment as tariffs, geopolitical tensions and longer shipping routes strain supply chains.

Adani Ports has been expanding abroad and in inland logistics, adding partnerships, land and technology as it seeks growth beyond ports.

In June, Adani Ports agreed to sell a 49% stake in a deep-water port in south India to Switzerland's MSC for about $1.34 billion, a deal seen by analysts as de-risking the project while securing long-term cargo volumes.

The port in Kerala is central to Adani's ambitions in global trans-shipment. Once fully scaled up, analysts expect the port to eventually rival established hubs such as Colombo and Abu Dhabi.

The Indian government's focus on infrastructure development, including improving port connectivity, remains a key tailwind for port operators such as Adani.

Shares of Adani Ports were down 3.1% in afternoon trading, however, while the benchmark Nifty 50 Index .NSEI rose 1.1%.

Total cargo volumes rose 14% to 138.1 million metric tons in the June quarter. Domestic volumes increased 2% to 115.3 million tons, making up 83.5% of the total.

Adani Ports, which operates 19 ports across four countries, expects full-year 2027 revenue between 430 billion rupees and 450 billion rupees. It has forecast 2026 revenue between 360 billion rupees and 380 billion rupees.

($1 = 95.6725 Indian rupees)

(Reporting by Urvi Dugar and Abhinav Parmar in Bengaluru; Editing by Subhranshu Sahu)

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NEW YORK, July 17 (Reuters) - The top federal prosecutor in Brooklyn said he had no basis to dispute the U.S. Department of Justice's decision to abandon its prosecution of Indian billionaire Gautam Adani, but stopped short of saying whether he agreed with dismissing the fraud and bribery case.

In a letter on Friday to the judge overseeing the case, U.S. Attorney Joseph Nocella Jr. said he was "not the decisionmaker" behind dropping the case, and had no basis to believe the reasons advanced by his supervisor Trent McCotter, a top Justice Department official, were not the "real grounds" for a dismissal.

U.S. District Judge Nicholas Garaufis had asked Nocella to explain whether he agreed or disagreed with McCotter's reasons for dropping the Adani case, and whether there were other bases for doing so.

Nocella's office did not immediately respond to a request for comment.

(Reporting by Jonathan Stempel in New York; Editing by Sanjeev Miglani and Cynthia Osterman)

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BENGALURU, July 3 - India's southern state of Kerala was not consulted on MSC Group's planned $1.4 billion investment in the Vizhinjam port in partnership with Adani Ports and Special Economic Zone, the state's chief minister said late on Thursday.

Adani Ports APSE.NS said on Tuesday that MSC would acquire a 49% stake in the port, in what is set to be the largest foreign private investment in India's domestic port infrastructure. Switzerland-based MSC is the world's biggest container shipping company.

"I have conveyed the State Government's strong displeasure to the management of Adani Ports and Special Economic Zone Ltd," Chief Minister V.D. Satheesan said in a post on X.

"Any change in the concessionaire's shareholding structure requires government approval and will be examined strictly under the provisions of the concession agreement and applicable regulations."

Adani Ports did not immediately respond to a request for comment.

Its shares fell as much as 1% on Friday and were last down 0.2% in afternoon trade. The stock gained about 6% in the last three sessions after the company's announcement.

Vizhinjam is India's first deep-water container transshipment port and is expected to handle domestic and regional cargo at a lower cost rather than routing it through Sri Lanka, according to the port's website.

Adani Ports is the private concessionaire developing and operating the port.

(Reporting by Abinaya V in Bengaluru; Editing by Sonia Cheema)

July 2 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS - DURING JUN’26, APSEZ HANDLED CARGO VOLUME OF 46.8 MMT, UP 13% YOY

• ADANI PORTS - Q1FY27 CARGO VOLUME UP 15% YOY

Source text: [ID:]

Further company coverage: APSE.NS

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Adani Ports and Special Economic Zone Ltd (APSEZ) said on June 30 that it has signed a definitive agreement to sell a 49% interest in its Vizhinjam port subsidiary to Mundi Limited, a subsidiary of Mediterranean Shipping Company's terminal arm Terminal Investment Limited (TiL). The total deal value for Adani Vizhinjam Port Private Limited is USD 2.85 billion, with TiL investing USD 1.397 billion, equivalent to its proportionate 49% share. The consideration will be paid in two tranches: USD 539 million for the 49% stake at closing, and USD 858 million towards the port's expansion upon completion by December 2028. Vizhinjam, India's first deep-draft mega transshipment port, began operations in December 2024 and handled over 2 million TEUs within 18 months, becoming the fastest Indian port to reach that milestone. The partnership marks the third joint venture between APSEZ and MSC, following terminals at Mundra and Ennore, and is described as the single largest foreign private investment in Indian port infrastructure.

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Adds details paragraph 2 onwards

June 30 (Reuters) - India's Adani Ports and Special Economic Zone APSE.NS said on Tuesday that Switzerland's MSC Group will acquire a 49% stake in its Vizhinjam port for $1.4 billion, in what it said is the largest foreign private investment in domestic port infrastructure.

MSC, the world's largest container shipping company, will make the investment through its unit Terminal Investment.

Adani Ports the partnership is expected to boost cargo volumes at the port and accelerate ramp-up at the Kerala-based port, adding that the transaction is subject to regulatory approvals.

The investment underscores Adani Ports' strategy of deepening partnerships with global port operators to drive traffic and fast-track capacity ramp-up at Vizhinjam, one of its key growth hubs, it said.

The deal marks Adani Ports' third partnership with MSC after joint ventures at its Mundra and Ennore ports.

(Reporting by Kashish Tandon in Bengaluru; Editing by Sonia Cheema)

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June 16 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• APSEZ EXPANDS PARTNERSHIP WITH US-BASED KALERIS TO ACCELERATE AI-LED TRANSFORMATION

• PLANS TO INVEST USD 850 MILLION IN TECHNOLOGY AND DECARBONISATION AS PART OF ITS 2031 AMBITION

• PARTNERSHIP PART OF BROADER 2030 OBJECTIVES INVOLVING OUTLAY OF USD 850 MILLION

Source text: ID:nBSE2n4r5v

Further company coverage: APSE.NS

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May 21 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS - TO BUY JAYPEE FERTILIZERS INDUSTRIES LIMITED

• ADANI PORTS - DEAL VALUE IS 15 BILLION RUPEES

Source text: ID:nNSE9TD3Jq

Further company coverage: APSE.NS

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Updates levels, adds background throughout, adds analyst comments in paragraph 7, adds graphic

By Surbhi Misra

May 19 (Reuters) - Shares of Adani Group companies jumped as much as 5.3% on Tuesday, after the Trump administration moved to dismiss criminal fraud charges against billionaire Gautam Adani, easing a key legal overhang on the ports-to-power conglomerate.

The U.S. Justice Department on Monday moved to drop charges accusing Adani and associates of paying bribes to secure power supply contracts in India, while Adani Enterprises separately settled allegations tied to liquefied petroleum gas imports from Iran.

Shares of the group's flagship, Adani Enterprises ADEL.NS, rose as much as 2.71% and were last up 1.75% at 2736.70 rupees by 1:45 p.m. IST.

Adani Group stocks have been volatile since short seller Hindenburg Research's 2023 report alleging stock manipulation and improper use of offshore tax havens, with several companies recovering sharply from initial losses before coming under renewed pressure amid broader market weakness and legal scrutiny.

In November, U.S. prosecutors accused Gautam Adani and associates of agreeing to pay $265 million in bribes to Indian officials to secure approvals for solar power projects and misleading U.S. investors about the group's anti-corruption practices.

Adani Group has repeatedly denied wrongdoing.

Separately, the U.S. Treasury Department on Monday said Adani Enterprises had agreed to pay $275 million to resolve alleged sanctions violations tied to liquefied petroleum gas imports from Iran.

"The removal of the legal overhang is a positive and could support debt refinancing and fundraising for new projects," said Deven Choksey, managing director at DRChoksey FinServ, adding that the development could also pave the way for restructuring initiatives across the conglomerate.

Shares of Adani Green Energy ADNA.NS, which was linked to the U.S. bribery allegations, were last up 1.77%, after rising as much as 5.26% during the day.

As of 1:45 p.m. IST, Adani Ports APSE.NS inched down 0.12%, while Adani Energy Solutions ADAI.NS gained 0.67%.

The U.S. Securities and Exchange Commission separately settled a civil lawsuit against Adani over an alleged scheme to bribe Indian government officials, court records showed last week.

(Reporting by Surbhi Misra; Editing by Rashmi Aich)

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Adds Adani companies share prices from paragraph 3, adds Indian regulatory investigation from paragraph 22

By Dan Rosenzweig-Ziff and Andrew Goudsward

May 15 (Reuters) - The U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani, an Indian billionaire who has promised to invest $10 billion in the U.S. economy, according to two sources familiar with the matter.

Adani on Thursday resolved a related civil fraud lawsuit brought by the Securities and Exchange Commission (SEC) over an alleged scheme to bribe Indian government officials, subject to court approval.

Adani Group did not respond to a request for comment from Reuters on the report of the criminal charges being dropped. It has previously called the allegations "baseless."

Shares of Adani Group companies pared early gains and were mixed on Friday in Indian trading. Adani Enterprises ADEL.NS, the flagship of the group, rose as much as 3.2% in pre-open deals before trimming those gains to 0.8% in morning trade.

Adani Green Energy ADNA.NS fell 0.08%, Adani Energy Solutions ADAI.NS dropped 1.26%. Adani Ports and Special Economic Zone Limited rose 1.64%.

The possible dismissal of the criminal charges comes after Adani's lawyer, Robert Giuffra, who is also a personal attorney of U.S. President Donald Trump, told Justice Department officials in a presentation last month that Adani could not make its investment while the case was proceeding, one of the sources said.

Adani had publicly promised to invest the $10 billion and create 15,000 jobs in the U.S. after Trump's victory in the 2024 election.

Giuffra spent the bulk of his 100-page presentation arguing the case was weak because it did not have proper jurisdiction and lacked evidence, said the source, who spoke on condition of anonymity. Giuffra made a similar argument in court filings in the parallel SEC case last month.

Some prosecutors made clear that the $10 billion investment would not affect the case, one of the sources said. It's unclear if others saw it differently.

The Justice Department did not immediately respond to a request for comment.

It is the latest example of Trump's Justice Department seeking to abandon a high-profile criminal case brought by federal prosecutors during the tenure of his Democratic predecessor, Joe Biden.

Federal prosecutors had charged Adani in November 2024 over an alleged scheme in which they said he agreed to pay about $265 million in bribes to Indian government officials so his company could win approval to develop India's largest solar power plant.

Adani and his alleged co-conspirators raised more than $3 billion in loans and bonds by hiding their corruption from lenders and investors, prosecutors said. The Adani Group has consistently denied any wrongdoing.

RELATED CIVIL FRAUD CASE RESOLVED

Adani also faced a related SEC civil fraud lawsuit, which the securities regulator settled on Thursday subject to court approval, court records showed. Sagar Adani, his nephew, was also facing the SEC civil claims.

Adani and his nephew would pay civil penalties of $18 million, though neither would admit or deny any wrongdoing, the court records showed.

Adani Green Energy ADNA.NS said in a statement the two men and the SEC had filed with a New York court for the entry of a final judgement, which was now being awaited.

The Adanis' lawyers last month said their clients disputed there was any credible evidence supporting ​the bribery scheme alleged by the SEC. They also called the SEC claims "impermissibly extraterritorial," and said the bonds were never traded on a U.S. exchange.

While the dropping of charges in the U.S. would remove a major overhang from the Adani Group, Indian regulators are yet to close or rule on at least nine allegations that Adani Group and its offshore funds broke securities regulations, according to two sources with direct knowledge of the matter. The sources spoke on condition of anonymity as they were not permitted to speak to media.

The Securities and Exchange Board of India (SEBI) declined to comment.

Last year, SEBI dismissed three allegations against Adani and senior executives accused of stock manipulation , insider trading and not disclosing related party transactions. The claims had been made by U.S. short-seller Hindenburg Research .

(Additonal reporting by Luc Cohen in New York, Jayshree P Upadhyay, Dhwani Pandya, Surabhi Misra and Anusha Shah; writing by Scott Murdoch. Editing by Andy Sullivan, Lincoln Feast and John Mair.)

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Adds details paragraph 2 onwards

May 12 (Reuters) - India’s Adani Ports APSE.NS said on Tuesday it will deepen its European footprint by building offshore capabilities with U.S. engineering firm Oceaneering International OII.N, committing $1.36 billion in capital spending through fiscal year 2031.

The country's largest private port operator said it is targeting marine revenue of 60 billion rupees ($627.43 million) from the expansion. As part of the planned expansion, its marine services unit Astra Offshore will develop a fleet of 200 vessels with specialised offshore capabilities.

The deal reflects Adani Ports’ strategy to scale up its global footprint and tap rising offshore logistics demand in Europe, as it seeks to diversify beyond its core domestic port business and build a meaningful presence in maritime services.

The move also comes after the ports operator forecast slower core earnings growth in fiscal 2027 due to U.S. tariffs and the Iran war.

The company, part of billionaire Gautam Adani’s conglomerate, had last month outlined capital expenditure of 120 billion to 140 billion rupees for fiscal 2027, while projecting revenue of 430 billion to 450 billion rupees.

($1 = 95.6275 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru; Editing by Sonia Cheema)

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May 11 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS - PRANAV CHOUDHARY CEASES AS CEO – PORTS

• ADANI PORTS - APPOINTS NIRAJ BANSAL AS CEO – PORTS

Source text: ID:nBSE7wLNrf

Further company coverage: APSE.NS

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May 4 (Reuters) -

• WORLDWIDE EMERGING MARKET HOLDING SELLS 45.9 MILLION SHARES IN ADANI PORTS VIA BLOCK DEALS ON BSE - EXCHANGE DATA

Further company coverage: APSE.NS

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Recasts paragraph 1, changes sourcing and headline, adds details, comment and context from paragraph 2 onwards

May 1 (Reuters) - Indian billionaire Gautam Adani's group said on Friday that it plans an internal restructuring aimed at speeding up decision-making, as the ports-to-power conglomerate pushes for growth across its businesses.

The move by Adani Group comes as investment activity picks up across India, Asia's third-biggest economy, powered by heavy infrastructure spending and a revival in private capital expenditure.

Under the plans, the company will introduce a three-layer organisational structure with fewer decision-makers.

"The strategy is anchored in three pillars and supported by strong liquidity and access to capital, enabling accelerated capex deployment and faster project execution," the group said.

This is the conglomerate's second restructuring since 2015, when it spun off its ports and power businesses into separately listed companies: Adani Ports APSE.NS and Adani Power ADAN.NS.

The group will also streamline its contractor base, focusing on fewer, larger partners to improve coordination and execution speed, while providing them with easier access to financing, Adani said.

On Thursday, the group's flagship firm Adani Enterprises ADEL.NS reported its first quarterly loss in 17 quarters, as it grappled with higher depreciation related to a newly operational airport near Mumbai and a copper plant in the western state of Gujarat, along with a surge in expenses.

(Reporting by Kashish Tandon and Mridula Kumar in Bengaluru; Editing by Sherry Jacob-Phillips)

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April 30 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• SEES FY27 REVENUE AT 430-450 BILLION RUPEES

• SEES FY27 EBITDA AT 250-260 BLN RUPEES

• SEES FY27 CAPEX AT 120-140 BLN RUPEES

Further company coverage: APSE.NS

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Adds details from filing, related criminal case, background, paragraphs 4-11

By Jonathan Stempel

NEW YORK, April 7 (Reuters) - Gautam Adani, India's second richest person, will ask a U.S. judge to dismiss the Securities and Exchange Commission's civil fraud case stemming from an alleged bribery scheme, his lawyers said on Tuesday.

Adani and his nephew Sagar Adani were charged by the SEC in November 2024 with orchestrating a scheme to pay or promise to pay hundreds of millions of dollars in bribes to Indian government officials to benefit Adani Green Energy ADNA.NS, where both men are executives and directors.

The securities fraud case is tied to Adani Green's alleged failure to disclose the scheme in documents for a $750 million bond offering in 2021.

In a filing in the Brooklyn, New York federal court, the Adanis' lawyers said their clients disputed there was any credible evidence supporting the alleged bribery scheme.

The lawyers said the Adanis' lack of involvement in the offering, and the absence of any intent to defraud or negligence, supported a dismissal.

They also called the SEC claims "impermissibly extraterritorial," reflecting how the Adanis and all alleged misconduct were in India, and the bonds were never traded on a U.S. exchange.

The SEC had no immediate comment. Lawyers for the Adanis said they will formally seek a dismissal by April 30.

U.S. prosecutors filed a related criminal case in November 2024 against the Adanis and several other defendants. There have been no public developments in that case since December 2024. A spokesman for the U.S. Attorney's office in Brooklyn declined to comment.

Gautam Adani, 63, founded and chairs the conglomerate Adani Group, and is chairman of Adani Green.

He is worth about $60.6 billion, ranking 30th worldwide according to Forbes magazine.

Mukesh Ambani, chairman of the conglomerate Reliance Industries RELI.NS, is India's richest person, worth about $91.4 billion and ranking 20th worldwide, Forbes said.

(Reporting by Jonathan Stempel in New York
Editing by Tomasz Janowski and Bill Berkrot)

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April 2 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS - CROSSES 500 MMT CARGO MILESTONE IN FY26

• ADANI PORTS - HAIFA PORT DELIVERED 0.77 MMT IN MAR'26

• ADANI PORTS - DURING MAR'26, APSEZ HANDLED ITS HIGHEST EVER MONTHLY CARGO VOLUME AT 46 MMT , UP 11% YOY

Source text: ID:nBSE2jSpr4

Further company coverage: APSE.NS

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April 1 (Reuters) - Ambuja Cements Ltd ABUJ.NS:

• AAHL, BLINKIT LAUNCH INDIA’S FIRST IN-TERMINAL QUICK COMMERCE SERVICE AT MUMBAI AIRPORT- STATEMENT

Source text: [ID:]

Further company coverage: ABUJ.NS

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March 27 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• APSEZ SETS UP INDIA'S FIRST PORT OF REFUGE TO BOOST MARITIME SAFETY

• APSEZ WILL DESIGNATE TWO SITES AS POR: DIGHI PORT ON WEST COAST, GOPALPUR PORT ON EAST COAST

Source text: ID:nBSE59Sfbt

Further company coverage: APSE.NS

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March 19 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS- TO BE ONE OF THE ENTITIES FOR INSOLVENCY RESOLUTION PLAN OF JAIPRAKASH ASSOCIATES LIMITED

Source text: ID:nBSE15JbFl

Further company coverage: APSE.NS

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March 18 (Reuters) -

• ADANI GROUP: MUNDRA PORT WELCOMED THE INDIAN-FLAGGED VESSELS SHIVALIK, CARRYING 46,000 MT OF LPG, AND JAG LAADKI, CARRYING 80,886 MT OF CRUDE OIL

Source text: https://tinyurl.com/hkzz9yex

Further company coverage: ADEL.NS

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March 2 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS - HANDLES 42.5 MMT CARGO IN FEB'26, UP 16% YOY

• ADANI PORTS - LOGISTICS RAIL VOLUME DURING FEB'26 STOOD AT 52,101 TEUS

Source text: ID:nBSE9jQk2G

Further company coverage: APSE.NS

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Feb 24 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ASTRO OFFSHORE INCORPORATED SUBSIDIARY ASTRO OFFSHORE ME

Source text: ID:nBSEbw9qSS

Further company coverage: APSE.NS

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MUMBAI, Feb 20 (Reuters) - India's Adani Ports and Special Economic Zone APSE.NS accepted bids worth 10 billion rupees ($109.92 million) in a sale of bonds maturing in five years, three bankers said on Friday.

It will pay a coupon of 7.52% and had invited commitment bids for the issue earlier in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on February 20:

*Size includes base plus greenshoe for some issues

($1 = 90.9760 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)

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Feb 18 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS & SEZ AND PORT OF MARSEILLE FOS SIGN STRATEGIC IMEC PARTNERSHIP

• PARTNERSHIP PROPOSES CREATION OF CLUB FOR COORDINATION AMONG KEY PORTS ALONG IMEC ROUTE

Source text: ID:nBSE7p5m1y

Further company coverage: APSE.NS

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Feb 9 (Reuters) - Adani Ports and Special Economic Zone Ltd APSE.NS:

• ADANI PORTS: APPROVES TENDER OFFER TO BUY FOR CASH UP TO $345.1 MILLION IN PRINCIPAL AMOUNT OF OUTSTANDING 4.0% SENIOR NOTES DUE 2027

• ADANI PORTS: APPROVES TENDER OFFER TO BUY $150 MILLION IN PRINCIPAL AMOUNT OF OUTSTANDING $500 MILLION 3.10% SENIOR NOTES DUE 2031

Source text: ID:nBSE9BP1Zf

Further company coverage: APSE.NS

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Adds share movement in paragraph 2; analyst comment in paragraph 4

By Komal Salecha

Feb 3 (Reuters) - India's Adani Ports and Special Economic Zone APSE.NS raised its annual core earnings forecast on Tuesday, driven by a higher-than-anticipated growth and the acquisition of an export terminal in Australia.

That and U.S. President Donald Trump's announcement of reducing tariffs on Indian goods, which lifted the broader markets, propelled the company's stock by as much as 9.54%, its highest intraday rise since June 2024.

The company, part of billionaire Gautam Adani-led group, raised the upper end of its core earnings forecast for the fiscal year ending March 2026 by 8 billion rupees ($88.74 million) to 228 billion Indian rupees ($2.53 billion).

"Their revenue growth is in line with our estimates, and strong growth across the business portfolio reiterates their ability to achieve all of the company's long-term targets across segments," said Ankita Shah, VP equity research at Elara Securities.

Adani Ports, India's largest private port operator by volume, said its consolidated net profit rose nearly 21% to 30.54 billion rupees ($338.02 million) for the quarter ended December 31, led by strong volume growth.

The company "sustained momentum" across its four business units, along with the consolidation of Australia's North Queensland Export Terminal (NQXT) enabled the firm to raise its fiscal year 2026 EBITDA forecast, CEO Ashwani Gupta said in a press release.

In December, the Adani company completed the acquisition of NQXT, a natural deep-water, multi-user export terminal with a capacity of 50 million tons per annum.

It also named group insider Sreedhar Krishna Menon as its new chief financial officer. He replaces D. Muthukumaran, who has held the role since 2022, the company said.

Revenue from operations grew nearly 22% year-on-year to 97.05 billion rupees, led by a 9% rise in cargo volume.

Last month, smaller rival JSW Infrastructure JSWN.NS also posted a 14% rise in its third-quarter profit.

Parent Adani Enterprises ADEL.NS also reported a higher third-quarter profit on Tuesday as gains in its airport and renewable energy businesses offset weak demand in its core coal trading segment.

($1 = 90.1500 Indian rupees)

(Reporting by Komal Salecha in Bengaluru; Editing by Eileen Soreng and Harikrishnan Nair)

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