Adani Ports and Special Economic Zone’s wholly owned
subsidiary -- Adani Harbour Services (AHS) has incorporated a Joint Venture
(JV) company with Sea Horizon Offshore Marine Services and Mr. Jamal A. Rab A M
Al Yafei in Qatar namely ‘Al Annabi Marine Services’ on February 12, 2025. The
JV company will carry out business of ships’ operations and management. The AHS
holds 49% stake in the JV company.
The Authorized Share Capital of JV company is 100 ordinary
shares of Qatari Riyal 1000 each and the Paid-up Share Capital is 100 ordinary
shares of Qatari Riyal 1000 each.
Adani Ports and Special Economic Zone (APSEZ) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country.
Source: Ace Equity
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