Adani Energy Solutions Incorporates 8 Wholly Owned Subsidiaries

Adani Energy Solutions Ltd has announced the incorporation of eight new wholly owned subsidiaries on September 24, 2026. These entities, named Arasan Step V Limited through Arasan Step XII Limited, are incorporated in India and will engage in the business of electricity production, generation, transmission, and distribution. Each subsidiary has been established with a paid-up share capital of Rs. 5,00,000, with Adani Energy Solutions Limited holding 100% of the shareholding in each. The consideration for these incorporations was cash.