Adani Ports & Special Economic Zone has approved the allotment of 14,38,20,153 equity shares of the Company, of face value of Rs. 2 each fully paid up, on a preferential basis to Carmichael Rail and Port Singapore Holdings, for consideration other than cash, towards discharge of the total non-cash consideration payable for the acquisition of 100% of the ordinary share capital of Abbot Point Port Holdings from Carmichael Rail and Port Singapore Holdings.