Adani Ports' credit outlook upgraded to positive by Fitch

Adani Ports and Special Economic Zone Limited (APSEZ) has received an updated credit rating from Fitch Ratings, which revised the outlook on the company's Long-Term Foreign-Currency Issuer Default Rating (IDR) from Negative to Positive. The outlook revision also applies to unsecured notes, while affirming the ratings at 'BBB-'.

This update, dated November 4, 2025, was formally communicated to BSE Limited and the National Stock Exchange of India Limited in accordance with Regulation 30(6) of the SEBI Listing Obligations and Disclosure Requirements, 2015.

The communication was signed by Kamlesh Bhagia, company secretary for Adani Ports and Special Economic Zone Limited, from the company's corporate office in Ahmedabad, Gujarat, India.