Adani Ports and Special Economic Zone Limited (APSEZ) has incorporated a wholly owned subsidiary company named Paradip Mahanadi Terminal Limited (Paradip) on October 6, 2026. The certificate of incorporation was received on the same date.
Subsidiary Details
- Name: Paradip Mahanadi Terminal Limited (Paradip)
- Date of Incorporation: October 6, 2026
- Country of Incorporation: India
- Industry: Port industry (yet to commence business operations)
- Business Purpose: Development and operations of two dry bulk berths at Paradip Port, Odisha
Ownership Structure
- Paradip is a wholly owned subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ)
- APSEZ holds 100% shares of Paradip
Capital Structure
- Authorized share capital: ₹5,00,000
- Paid-up share capital: ₹5,00,000
- Share structure: 50,000 equity shares of ₹10 each
Regulatory Approvals
- No governmental or regulatory approvals were required for the incorporation
- No consideration details or share swap involved (marked as Not Applicable)
Additional Information
This is a continuation of the company's earlier communication dated September 9, 2026. The subsidiary has been incorporated but has not yet commenced business operations.