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Adani Ports Eyes JAL Assets via Insolvency Route, Signals Fresh Acquisition Push

News by Aliceblue News Desk

20 Mar 2026

Adani Ports Eyes JAL Assets via Insolvency Route, Signals Fresh Acquisition Push

Introduction

Leading port operator has expressed in-principle interest in becoming an implementing entity under the NCLT-approved resolution plan of Jaiprakash Associates Limited.

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Share price movement of Adani Ports

On 20th March, Adani Ports Ltd opened at ₹1,368.15, up 0.91% from its previous close of ₹1,355.80. The stock reached a high of ₹1,393.60 (2.79%) and a low of ₹1,360.00. By the close, it traded at ₹1,376.13, a 1.50% increase, with a market cap of ₹3,13,568.83 crore.

JAL Resolution Plan Interest

Adani Enterprises Limited submitted a resolution plan for Jaiprakash Associates Limited under the Insolvency and Bankruptcy Code, 2016. The NCLT Allahabad bench, Prayagraj approved the plan on March 17, 2026. The order was uploaded on the NCLT website on March 18, 2026.

The resolution plan allows Adani Enterprises to nominate implementing entities to acquire assets from JAL. Adani Ports has expressed in-principle interest in becoming one such implementing entity directly or through Karnavati Aviation Private Limited and Mandhata Build Estate Limited.

Adani Ports seeks to acquire certain aviation assets and indirect control over Kanpur Fertilizers and Chemicals Limited from JAL. Kanpur Fertilizers holds industrial and commercial lands in Kanpur. The acquisition remains subject to necessary approvals.

Stock performance of Adani Ports  for Period of 1 week, 6 months, and 1 year

Ltd delivered a 1-week return of -0.53%, a 6-month return of -5.03%, and a 1-year return of 15.2%.

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Shareholding Pattern of Adani Ports

ParticularsDec 2025Sep 2025Jun 2025
Promoter68.00%68.00%68.00%
FII13.10%12.80%13.60%
DII13.90%14.10%15.00%
Public5.00%5.10%5.50%

About Adani Ports

Adani Ports and Special Economic Zone Ltd (NSE: ADANIPORTS) is India’s largest private port operator, managing 15 ports with 633 MMT capacity across India, Israel, Tanzania, and Sri Lanka.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Adani Ports share price rising today?

A: Adani Ports expressed in-principle interest in acquiring aviation assets and Kanpur Fertilizers from Jaiprakash Associates under the NCLT-approved resolution plan.

Q: What is Adani Ports main business focus?

A: Adani Ports and Special Economic Zone Ltd focuses on development, operations, and maintenance of port infrastructure and a multi-product Special Economic Zone at Mundra.

Q: What are the 52-week high and low of Adani Ports stock?

A: Adani Ports and Special Economic Zone Ltd’s 52-week high is ₹1,584 and 52-week low is ₹1,041.

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