Trading - Minerals
Subsidiary11 April 2026 at 10:11 am

Adani Enterprises incorporates 4 new airport city subsidiaries

AI Summary

Adani Enterprises Ltd's step-down wholly-owned subsidiary, Adani Airport City Limited, has incorporated four new wholly-owned subsidiaries: Adani Mangaluru Airport City Limited, Adani Jaipur Airport City Limited, Adani Lucknow Airport City Limited, and Adani TRV Airport City Limited. These entities were incorporated on April 8 and April 9, 2026, in India. Each new subsidiary has a paid-up share capital of ₹10,00,000 (1,00,000 equity shares of ₹10 each), subscribed at face value. They will engage in real estate activities, including owning/leasing property, construction, and operating hotels/motels/resorts, expanding Adani's presence in airport-related real estate development.

Key Highlights

  • Adani Airport City Ltd. incorporated four new wholly-owned subsidiaries.
  • New entities focus on real estate, construction, and hospitality near airports.
  • Each subsidiary has a paid-up capital of ₹10,00,000.
  • This expands Adani's airport-centric development strategy.