Adani Ports and Special Economic Zone Limited share price is expected to remain in focus after the company announced a key senior management reshuffle involving leadership transition in its ports business.
According to the regulatory filing, Pranav Choudhary will cease to hold the position of CEO – Ports with effect from May 31, 2026.
The company stated that Choudhary is stepping down to pursue career opportunities outside the Adani Group.
The leadership transition comes as Adani Ports continues expanding cargo handling capacity, logistics infrastructure, and operational footprint across multiple ports and terminals.
Adani Ports has appointed Niraj Bansal as the new CEO: Ports effective June 1, 2026.
The company said the appointment is under full-time employment terms as part of its senior management structure.
Bansal is expected to oversee operational performance, cargo growth initiatives, port expansion projects, and execution across the company’s ports business vertical.
The filing highlighted that Niraj Bansal is a former Indian Revenue Service (IRS) officer with over 27 years of experience in government administration and infrastructure-related leadership roles.
He voluntarily retired as Commissioner of Income Tax before moving into infrastructure and port sector leadership assignments.
The company believes his experience across administration, project execution, and operational management will support the next phase of growth within Adani Ports’ port infrastructure business.
Before joining the Adani Group, Bansal served as Deputy Chairman and Chairman-in-charge of Jawaharlal Nehru Port Trust (JNPT) between 2014 and 2019.
During his tenure, JNPT reportedly underwent significant operational reforms and achieved record cargo handling performance.
The filing noted that the port handled 66 million metric tonnes of cargo during FY18, marking the highest cargo volume since JNPT’s inception.
Niraj Bansal joined the Adani Group in October 2022 and has since handled several strategic operational responsibilities within the ports business.
He previously served as CEO of Hazira Port and is currently leading New Port Project Development operations in Maharashtra.
His experience across both operational ports and upcoming infrastructure projects is expected to support continuity in execution and expansion initiatives.
Read More: Adani Ports Share Price in Focus; Fixes Effective Date for Amalgamation of Adani Harbour Services!
As of 12 May 2026, at 9:20 AM, Adani Ports share price is trading at ₹1,735.10 per share, reflecting a decline of 1.82% from the previous closing price.
The appointment of Niraj Bansal as CEO: Ports marks an important management transition for Adani Ports as the company continues focusing on cargo growth, operational execution, and long-term infrastructure expansion across its ports and logistics business.
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Published on: May 12, 2026, 10:14 AM IST
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