On March 28, 2024, Adani Ports and Special Economic Zone Limited closed the transaction. The company announced that it has issued 2,501,824 non-cumulative non-convertible redeemable preference shares at a price of INR 1,000 per share for the gross proceeds of INR 25,01,824,000. The transaction included participation from new investors Priti G. Adani and Shilin R. Adani.