Gautam Adani, the visionary founder of the Adani Group, has officially stepped down as the Executive Chairman of Adani Ports and Special Economic Zone Ltd. (APSEZ), effective 5th August 2025. He will continue his association with the company as Non-Executive Chairman, reaffirming his long-term strategic involvement.This leadership transition aligns with the regulatory framework under Indian corporate governance norms, which discourage holding executive roles across multiple major entities simultaneously. With APSEZ already led operationally by a Managing Director and a Whole-Time Director & CEO, this move ensures compliance, transparency, and streamlined leadership structure.Mr. Adani’s decision enables him to concentrate on broader strategic areas within the diverse Adani Group portfolio while continuing to offer guidance and oversight to APSEZ. The company also announced the appointment of Manish Kejriwal as an Additional Non-Executive Director for a three-year term, further strengthening board expertise and oversight.Despite the change at the highest level, Adani Ports continues to demonstrate robust performance, reporting strong revenue and profit growth. With effective governance, solid leadership, and consistent operational achievements, APSEZ remains well-positioned to deliver value to stakeholders and drive long-term growth across the maritime and logistics sectors.