Kerala Chief Minister V.D. Satheesan stated that Adani Ports requires state government approval to transfer its shares in the Vizhinjam International Seaport. This clarification follows reports of Switzerland-based MSC acquiring a 49% stake for approximately USD 1.4 billion. Satheesan emphasized that no such approval request has been received by the government yet, highlighting the mandatory nature of state and potentially central government consent for the transaction.