NSEGeneral Updates11 Sept 2026 · 11 Sept 2026, 01:30 am

General Updates

Adani Ports and Special Economic Zone Limited · ADANIPORTS

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Adani Ports and Special Economic Zone Limited has informed the Exchange about a Settlement Order from the Securities and Exchange Board of India (SEBI) regarding the settlement applications filed by Mr. B. Ravi (former Chief Financial Officer) and Mr. Karan Adani (Managing Director) under the SEBI (Settlement Proceedings) Regulations, 2018. The settlement amount of INR 13,65,000 each has been paid by Mr. B. Ravi and Mr. Karan Adani.

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Growth Catalyst2/10
Governance Concern3/10
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Market Sentiment5/10

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Adani Ports and Special Economic Zone Limited has informed the Exchange about General Updates

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Ref No: APSEZL/SECT/2026-27/73 September 10, 2026 BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532921 Scrip Code: ADANIPORTS Sub.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, this is to inform you that the Securities and Exchange Board of India (“SEBI”) has passed a Settlement Order in respect of the settlement applications filed by Mr. B. Ravi (former Chief Financial Officer) and Mr. Karan Adani (Managing Director) of Adani Ports and Special Economic Zone Limited (the “Company”) under the SEBI (Settlement Proceedings) Regulations, 2018. The details of the Settlement Order as required to be provided under Regulation 30 of the SEBI Listing Regulations are enclosed as Annexure A. We request you to take the above on record. Thanking you, Yours faithfully, For Adani Ports and Special Economic Zone Limited Kamlesh Bhagia Company Secretary Encl.: as above Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444 Adani Corporate House, Shantigram, Fax +91 79 2555 7177 Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com Khodiyar, Ahmedabad - 382421 www.adaniports.com Gujarat, India CIN: L63090GJ1998PLC034182 Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India Annexure A Details of the Settlement Order Sr. Particulars Details 1. Name of the listed company Adani Ports and Special Economic Zone Limited (“Company”) 2. Type of communication received Settlement Order 3. Date of receipt of September 10, 2026 communication 4. Authority from whom Securities and Exchange Board of India communication received (“SEBI”) 5. Brief summary of the material Mr. B. Ravi and Mr. Karan Adani had contents of the communication filed settlement applications with SEBI received, including reasons for under SEBI (Settlement Proceedings) receipt of the communication Regulations, 2018, proposing to settle, by neither admitting nor denying the findings of facts and conclusions of law, the proceedings initiated for the alleged violations of Regulation 17(8) read with Paragraph B of Part B of Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Section 21 of the Securities Contracts (Regulation) Act, 1956. The Settlement Order is available at: https://www.sebi.gov.in/enforcement/ orders/sep-2026/settlement-order-in- the-matter-of-pmc-projects-india- private-limited_104410.html 6. Period for which communication N.A. would be applicable, if stated 7. Expected financial implications Mr. B. Ravi and Mr. Karan Adani have on the listed company, if any paid the settlement amount of INR 13,65,000 each. Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444 Adani Corporate House, Shantigram, Fax +91 79 2555 7177 Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com Khodiyar, Ahmedabad - 382421 www.adaniports.com Gujarat, India CIN: L63090GJ1998PLC034182 Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India Sr. Particulars Details There is nil financial impact to the Company arising out of this Settlement Order. 8. Details of any aberrations / non Please refer to point no. 5 above. compliances identified by the authority in the communication 9. Details of any penalty or Settlement amount of INR 13,65,000 restriction or sanction imposed each. pursuant to the communication 10. Action(s) taken by listed N.A. company with respect to the communication 11. Any other relevant information None Adani Ports and Special Economic Zone Ltd Tel +91 79 2555 4444 Adani Corporate House, Shantigram, Fax +91 79 2555 7177 Nr. Vaishno Devi Circle, S. G. Highway, Investor.apsezl@adani.com Khodiyar, Ahmedabad - 382421 www.adaniports.com Gujarat, India CIN: L63090GJ1998PLC034182 Registe red Office: Adani Corporate House, Shantigram, Nr. Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421, Gujarat, India