Adani Logistics to acquire ICD Tumb from Navkar Corp for Rs 835 cr - Shahpur Turk CSC - Common Service Centre in Sonipat Adani Logistics to acquire ICD Tumb from Navkar Corp for Rs 835 cr

17 August 2022

Adani Logistics to acquire ICD Tumb from Navkar Corp for Rs 835 cr

Adani Logistics, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd, on Tuesday, said it has signed a definitive agreement to acquire ICD Tumb (Vapi) from Navkar Corporation for Rs 835 crore. Adani Logistics Ltd (ALL) in a statement said the deal comprises the acquisition of the operational ICD with a capacity to handle 0.5 million TEUs (twenty-foot equivalent unit).

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