Ahmedabad, India | December 24, 2025
Adani Ports and Special Economic Zone (APSEZ) has completed the 100% acquisition of Australia’s North Queensland Export Terminal (NQXT), marking a major milestone in its international expansion strategy. The deal enhances the Adani Group’s global presence and ensures direct access to strategic resources in Australia.
The Ahmedabad-based company confirmed that all necessary approvals for the acquisition have been secured, including consent from minority shareholders, the Reserve Bank of India (RBI), and Australia’s Foreign Investment Review Board.
Under the transaction, APSEZ allotted 14,38,20,153 equity shares at a face value of ₹2 each on a preferential basis to the seller, Carmichael Rail and Port Singapore Holdings PTE Limited.
APSEZ’s CEO and Whole-Time Director, Ashwini Gupta, described the acquisition as a “significant step” toward achieving the company’s 2030 goal of handling 1 billion metric tons of cargo. He added that NQXT will complement Adani’s existing international ports in Israel, Colombo, and Tanzania, strengthening its position along the East-West trade corridor.
This strategic move positions Adani Ports to play a larger role in global trade while advancing the group’s long-term international growth objectives.
