Adani Ports Technologies forms JV with Empezar Software
By: ICN Bureau
Last updated : December 16, 2021 9:43 am
The main objective of the JV is to carry out the business of Software designing & development, Information Technology and Information Technology enabled services
Adani Ports Technologies Private Limited, a wholly owned subsidiary of Adani Ports and Special Economic Zone Limited, has formed a JV with Empezar Software Labs Private Limited has incorporated a subsidiary company EZR Technologies Private Limited (EZRTPL) with share participation in the ratio of 51:49.
The main objective of the JV is to carry out the business of Software designing & development, Information Technology and Information Technology enabled services and products and set the foundation for building a neural network for assisted decision making; and technology or applications related to Terminal Operating Systems (TOS) and other logistics related technological solutions.
EZR Technologies Private Limited has an authorized share capital of Rs. 1,00,00,000 and paid-up share capital of Rs. 5,00,000. The company will carry on the business of software designing, technology or applications related to Terminal Operating Systems (TOS) and other logistics related technological solutions.