
Acquisitions5 Aug 2025, 06:22 pm
Adani Energy Solutions Acquires Adani Electricity Vasai-Virar Limited
AI Summary
Adani Energy Solutions Ltd has incorporated a Wholly Owned Subsidiary company named Adani Electricity Vasai-Virar Limited. The acquisition details are as follows: The authorized share capital of Adani Electricity Vasai-Virar Limited is Rs. 1 Lakh, and the paid-up share capital is also Rs. 1 Lakh. The target entity is in the Electric Utilities industry and is yet to commence business operations. Adani Energy Solutions is acquiring 100% control by acquiring equity shares at a face value of Rs.10/- each. The acquisition does not fall under related party transactions and does not require any governmental or regulatory approvals. Adani Electricity Vasai-Virar Limited was incorporated in India on 5th August 2025.
Key Highlights
- Adani Energy Solutions incorporates a Wholly Owned Subsidiary named Adani Electricity Vasai-Virar Limited
- Authorized and Paid-Up Share Capital of Adani Electricity Vasai-Virar Limited is Rs. 1 Lakh each
- Target entity is in the Electric Utilities industry and is yet to commence business operations
- Adani Energy Solutions acquiring 100% control by acquiring equity shares at a face value of Rs.10/- each
- No related party transactions or governmental/regulatory approvals required