New Launch12 Aug 2025, 07:42 pm
Adani Energy Solutions Incorporates Wholly Owned Subsidiary - Adani Energy Solutions Step-Sixteen Limited
AI Summary
Adani Energy Solutions Ltd has incorporated a wholly owned subsidiary named Adani Energy Solutions Step-Sixteen Limited with an authorized and paid-up share capital of Rs. 1 Lakh each. The new subsidiary is registered in India and is yet to commence its business operations. This move is not expected to fall under related party transactions and does not require any governmental or regulatory approvals.
Key Highlights
- Adani Energy Solutions Ltd has incorporated a new wholly owned subsidiary.
- The new subsidiary is named Adani Energy Solutions Step-Sixteen Limited.
- The subsidiary is registered in India with a share capital of Rs. 1 Lakh.
- The subsidiary is yet to commence its business operations.
- This move is not expected to involve related party transactions and does not require regulatory approvals.