Subsidiary1 Jun 2026, 07:41 pm
Adani Energy Solutions Incorporates 7 New Subsidiaries
AI Summary
Adani Energy Solutions Ltd has incorporated seven new wholly-owned subsidiaries: Sunrays Step I Limited, Sunrays Step II Limited, Sunrays Step III Limited, Arasan Step I Limited, Arasan Step II Limited, Arasan Step III Limited, and Arasan Step IV Limited. Incorporated on June 1, 2026, in India, these entities will focus on electricity generation, transmission, and distribution. Each subsidiary has a paid-up share capital of ₹5,00,000, with Adani Energy Solutions Limited holding 100% of the shares.
Key Highlights
- Adani Energy Solutions incorporates seven new wholly-owned subsidiaries on June 1, 2026.
- The subsidiaries are named Sunrays Step I/II/III Limited and Arasan Step I/II/III/IV Limited.
- Each subsidiary has a paid-up capital of ₹5,00,000, fully owned by Adani Energy Solutions.
- The new entities will focus on the business of electricity generation and distribution.
- The incorporation complies with SEBI Listing Regulations and Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026.
Price Impact
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