Gautam Adani exits key managerial role at Adani Ports

Gautam S Adani exits from the position of Executive Chairman of Adani Ports and Special Economic Zone Ltd. with effect from August 5, the company announced on Tuesday. Consequently, he ceases to be a key managerial personnel of the Company.

"The Board has approved re-designation of Mr. Gautam S. Adani from Executive Chairman to Non-Executive Chairman with effect from August 5, 2025 and consequently he would ceased to be key managerial personnel of the Company," Adani Ports said in a stock exchange filing.

The company has appointed Manish Kejriwal as an Additional Non-Executive Director for an initial term of 3 years. He is the Founder and Managing Partner of a private equity firm.


Gautam Adani is the Chairman and Founder of the Adani Group with 33 years of business experience.

Under his leadership, Adani Group has emerged as a global integrated infrastructure player with interest across Resources, Logistics and Energy verticals, the company mentioned.

Adani Ports and Special Economic Zone Ltd. (APSEZ) reported a 21% y-o-y increase in quarterly revenue driven by a major jump in logistics and marine operations.

"This quarter’s 21% revenue growth is anchored by extraordinary momentum in our Logistics and Marine businesses, which grew 2x and 2.9x respectively,” said Mr Ashwani Gupta, Whole-time Director & CEO, APSEZ.

APSEZ is said to acquire NQXT Port of Australia, which is a natural deep-water, multi-user export terminal with a nameplate capacity of 50 MTPA.

Adani Ports now holds 27.8% share in all-India cargo market and 45.2% share in container market.

The company commenced operations at its Colombo West International Terminal under a public-private partnership, aiming to handle 3.2m TEUs annually.

Shares of Adani Ports and Special Economic Zone Ltd. were trading at Rs 1381.90 per unit as on 13:52 PM on Tuesday on BSE.

APSEZ, a part of Adani Group, is the largest port developer and operator in India. The company owns 6 ports and terminals on the west coast, 5 ports and terminals in south coast and 4 ports and terminals on the east coast, representing 28% of the country's total port volumes.