January 29, 2022

BSE Limited

National Stock Exchange of India Limited

Floor 25, P J Towers,

Exchange Plaza,

Dalal Street,

Bandra Kurla Complex,

Mumbai - 400 001

Bandra (E), Mumbai - 400 051

Scrip Code: 532921

Scrip Code: ADANIPORTS

SN

Particulars

Details

1.

Name of the target entity, details

Seabird Distriparks is engaged in the

in brief such as size, turnover etc.

business of owning, operating and

maintaining Container Freight Station,

which are facilities set up for the

purpose of in-transit container

handling, examination, assessment of

cargo with respect to customs

clearances, both export and import.

2.

Whether the acquisition would fall

No

within related party transaction(s)

Adani Ports and Special Economic Zone Ltd

Tel +91

79 2656 5555

Adani Corporate House, Shantigram,

Fax +91

79 2555 5500

Nr. Vaishno Devi Circle, S. G. Highway,

www.adaniports.com

Khodiyar, Ahmedabad - 382421

and whether

the

promoter/

promoter group/ group companies

have any interest in the entity

being acquired?

If yes, nature of interest and

details thereof and whether the

same is done at "arm's length"

3.

Industry to which the entity being

Seabird Distriparks belongs to Port

acquired belongs

related activities.

4.

Objects and effects of acquisition

The Investment is in line with

(including but not limited to,

Company's strategy to increase its

disclosure

of

reasons

for

footprint in Andhra Pradesh.

acquisition of target entity, if its

business is outside the main line

Investment

will

allow Krishnapatnam

of business of the listed entity)

Port provide value added services to

its customer at the Port

5.

Brief details of any governmental

N.A.

or regulatory approvals required

for the acquisition

6.

Indicative

time

period

for

The transaction is expected to be

completion of the acquisition

completed within 15 days.

7.

Nature of consideration - whether

The consideration is in the form of

cash consideration or share swap

cash.

and details of the same

8.

Cost of acquisition or the price at

The consideration is Rs. 19.22 crores

which the shares are acquired

subject to closing adjustments

9.

Percentage

of

shareholding

/

100% stake

control acquired and / or number

of shares acquired

10.

Brief background about the entity

Seabird Distriparks is engaged in the

acquired in terms of products/line

business of owning, operating and

of business acquired, date of

maintaining Container Freight Station,

incorporation, history of last 3

which are facilities set up for the

years turnover, country in which

purpose

of

in-transit container

Adani Ports and Special Economic Zone Ltd

Tel +91 79 2656 5555

Adani Corporate House, Shantigram,

Fax +91 79 2555 5500

Nr. Vaishno Devi Circle, S. G. Highway,

www.adaniports.com

Khodiyar, Ahmedabad - 382421

the acquired entity has presence

handling, examination, assessment of

and

any

other

significant

cargo with respect to customs

information (in brief);

clearances, both export and import.

Revenue for FY 2018 - 19 : Rs. 21.38

crore

Revenue for FY 2019 - 20 : Rs. 18.33

crore

Revenue for FY 2020 - 21 : Rs. 14.06

crore

Adani Ports and Special Economic Zone Ltd

Tel +91

79 2656 5555

Adani Corporate House, Shantigram,

Fax +91

79 2555 5500

Nr. Vaishno Devi Circle, S. G. Highway,

www.adaniports.com

Khodiyar, Ahmedabad - 382421