Adani Ports and Special Economic Zone Limited (APSEZL) has filed a revised disclosure under Regulation 30 of SEBI Listing Regulations to correct a typographical error in the previous intimation regarding the authorized and paid-up share capital of Ocean Sparkle Offshore Limited.
The company informs that Ocean Sparkle Limited, a step-down subsidiary of APSEZL, has incorporated a wholly owned subsidiary named Ocean Sparkle Offshore Limited (OSOL) on August 10, 2026. The certificate of incorporation was received on August 11, 2026, at 8:07 PM IST.
Subsidiary Details
- Name: Ocean Sparkle Offshore Limited (OSOL)
- Date of Incorporation: August 10, 2026
- Country of Incorporation: India
- Industry: Ships Management and Operation
- Line of Business: Ships Management and Operation
- Holding Structure: OSOL is a wholly owned subsidiary of Ocean Sparkle Limited, which is a step-down subsidiary of APSEZL
- Share Capital: Authorized and paid-up share capital of ₹5,00,000 divided into 50,000 equity shares of ₹10 each
- Ownership: Ocean Sparkle Limited holds 100% shares of OSOL
Regulatory Approvals and Consideration
- Governmental/regulatory approvals: Not Applicable
- Nature of consideration: Not Applicable
Strategic Purpose
The new entity has been established to conduct operations locally in line with APSEZ's marine strategy to diversify its fleet globally. This development reinforces APSEZ's strategy to build one of the world's largest integrated marine platforms while expanding the geographic reach of its marine business.