<ul><li>Adani Ports has set up a step-down subsidiary, East Africa Ports FZCO, in the UAE, incorporated in the United Arab Emirates and registered with the Government of Dubai.</li><li>The subsidiary will be involved in the business of investment in commercial enterprises and management.</li><li>Adani Ports reported a 48% increase in its consolidated net profit for the Jan-Mar quarter of fiscal 2025, with revenue growing by 23.1% year-over-year.</li><li>Adani Ports' stock closed 0.34% higher, with analysts giving a 'buy' rating and a 12.4% potential upside as per Bloomberg data.</li></ul>

Adani Ports Sets Up Step-Down Subsidiary East Africa Ports FZCO In UAE

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