Ahmedabad: The Supreme Court of India has quashed and set aside both the Gujarat Government’s order and the Gujarat High Court’s direction regarding the grazing land dispute involving Adani Ports and Special Economic Zone Limited (APSEZ). The Supreme Court has directed the state government to issue fresh orders after giving all concerned parties an opportunity to be heard, while maintaining status quo in the interim.
APSEZ clarified that the Supreme Court order has no material adverse impact on the company’s operations or financial performance. The matter, which had been in the public domain since 2024, involved the resumption of 108 hectares of land allotted to the company, initially contested by APSEZ through legal channels.
Company Statement:
Kamlesh Bhagia, Company Secretary of APSEZ, confirmed, “There is no additional information or event requiring disclosure under SEBI regulations at this stage. The Supreme Court’s order does not impact the ongoing operations or strategic plans of Adani Ports.”
This update underscores APSEZ’s commitment to transparency and adherence to regulatory requirements under the SEBI (LODR) Regulations, 2015.
About Adani Ports and Special Economic Zone Limited (APSEZ):
APSEZ is India’s largest private port operator, with a strategic presence across multiple ports, integrated logistics, and SEZ operations. The company plays a pivotal role in India’s trade, handling a significant share of the country’s cargo throughput and contributing to national economic growth.