The acquisition is done at a purchase consideration of Rs. 37.77 crore.

Dependencia was incorporated in February 2022 with an object for providing transportation logistics services of all kinds of goods. Dependencia is yet to commence business operations.

APSEZ said that the objective of acquisition is for development of logistics business.

Adani Ports and Special Economic Zone (APSEZ) is the largest private port operator in India. APSEZ operates a portfolio of 15 domestic ports/terminals with international presence at 4 global ports/terminals. Along with its port operations, it has its wide logistics network and offers various port based marine services to its owned ports/terminals as well as other ports.

The company had reported a 6.48% increase in consolidated net profit to Rs 3,314.59 crore in Q1 FY26, as against Rs 3,112.83 crore in Q1 FY25. Revenue from operations climbed 31.19% YoY to Rs 9,126.14 crore in the quarter ended 30th June 2025.

The scrip shed 0.76% to currently trade at Rs 1399.50 on the BSE.