Adani Ports and Special Economic Zone Limited Announces Change in Chief Executive Officer
Adani Ports and Special Economic Zone Limited has announced a change in its senior management team, detailing the transition in the CEO role for Ports. The company confirmed that Mr. Pranav Choudhary ceased his tenure as CEO - Ports on May 31, 2026, to pursue career opportunities outside the Adani Group.Effective June 1, 2026, Mr. Niraj Bansal has been appointed as the new CEO - Ports of the Company.
Mr. Niraj Bansal brings significant experience to the role. He is a former Indian Revenue Service (IRS) officer with over 27 years of service with the Government of India. His career included retirement as Commissioner of Income Tax, followed by service as Deputy Chairman and Chairman-in-charge of Jawaharlal Nehru Port Trust (JNPT) from 2014 to 2019. During his time at JNPT, the port achieved significant reforms and record performance, notably handling 66 million metric tonnes of cargo in FY 2017-18, marking the highest volume since the port's inception.
Prior to joining Adani Ports and Special Economic Zone Limited in October 2022, Mr. Bansal served as Chief Executive Officer - Hazira Port and was currently working as Chief Executive Officer - New Port Project Development, Maharashtra, where he was responsible for driving project development and operational preparedness.
The key transitions in the senior management personnel of Adani Ports and Special Economic Zone Limited are summarized below:
| Particulars | Outgoing Senior Management Personnel | Incoming Senior Management Personnel |
|---|---|---|
| Name | Mr. Pranav Choudhary | Mr. Niraj Bansal |
| Role Change | Ceased as CEO - Ports | Appointment as CEO - Ports |
| Date of Change | May 31, 2026 | June 1, 2026 |
| Reason for Change | To pursue career opportunities outside the Adani Group. | Appointment |
| Profile Note | Not Applicable | Former IRS officer; served as Chairman-in-charge of JNPT and joined Adani Group in October 2022. |
ADANIPORTS Stock Price Movement
Today, Adani Ports and Special Economic Zone Limited shares edged higher, settling at ₹1767.3, representing a modest 0.35% gain for the session. The stock not only achieved its 52-week high at ₹1792 but also saw a substantial trading day with a volume of 4.11 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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