Adani Ports and Special Economic Zone Limited (APSEZ) has disclosed the incorporation of a step-down subsidiary through its wholly owned subsidiary Adani International Ports Holdings Pte Ltd. The new entity, Continental Energy Terminals B.V., was incorporated on November 5, 2026, in the Netherlands.
Subsidiary Details
- Name: Continental Energy Terminals B.V.
- Date of Incorporation: November 5, 2026
- Country of Incorporation: Netherlands
- Industry: Ports and logistics
- Ownership Structure: Wholly owned by Adani International Ports Holdings Pte Ltd. (which is itself a wholly owned subsidiary of APSEZ), making it a step-down subsidiary of APSEZ
- Share Capital: Incorporated with 1 share of 100 Euro each
- Purpose: Incorporated in relation to the proposed acquisition of Evos B.V.
Financial Impact
The incorporation involves minimal capital allocation of €100 for one share. The disclosure states "Not Applicable" for cost of subscription/price at which shares are subscribed, indicating no material financial impact from the incorporation itself.
Communication Details
- Reference Number: APSEZL/SECT/2026-27/105
- Signed by Kamlesh Bhagia, Company Secretary
- Digitally signed on November 6, 2026 at 17:46:59 IST