With change of pace in reality there is also change in names of few on the reality groups. One of those is the Adani. According to the sources of www.propertykhazana.com the name of the Mundra Port and SEZ Limited – a subsidiary of Adani group will be now renamed as Adani Port and Special Economic Zone Limited. Also it is known that the company is willing to bring all its equity holdings and trade under one roof of Adani. The reason of multiplication venture is also one of the core reasons for its change of name. Adani Group is collaborated with various undertaking like Adani Enterprise, Adani Wilmar, Adani Power and many others. On Monday the Adani group has informed the stock exchanges about the change of their identity which will be known as APSEZ instead of earlier Mundra Port and SEZ Limited.
Besides the port Hazira and Dahei the Adani group is also extending its canvas to some other sites of East Coast further added by the senior officials of APSEZ. Mundra was the first target of the company and the Adani port is very crucial for the company as the company is heading for some overseas location. Sources reveal that recently the company has acquired an Australia port. After merging to the port ventures the Adani group maintains a total stake of 77.50 % among its family members in APSEZ. Apart from the SEZ and port all the rest like coal mining and trading, real estate, agriculture and energy were already under the AEL flag ship. And now company is aiming for one control room for all the ventures of Adani.
Source: NIMMA BENGALURU
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