New Launch17 Jan 2026, 12:39 pm
Adani Energy Solutions Ltd Incorporates Wholly Owned Subsidiary NEXTGEN Energy Networks Limited
AI Summary
Adani Energy Solutions Ltd has incorporated a new wholly owned subsidiary named NEXTGEN Energy Networks Limited (NENL) on 17th January 2026. NENL has been registered with the Registrar of Companies, Ahmedabad and has an authorized equity share capital of 1,00,000 shares of Rs. 10 each and a paid-up equity share capital of 50,000 shares of Rs. 10 each. The new subsidiary has been established to carry out the activities of business of establishing, commissioning, setting up, operating and maintaining electric power transmission systems. Adani Energy Solutions holds 100% equity stake in NENL, having acquired 50,000 equity shares at a face value of Rs. 10 each.
Key Highlights
- Adani Energy Solutions Ltd incorporates a wholly owned subsidiary, NEXTGEN Energy Networks Limited (NENL)
- NENL registered with Registrar of Companies, Ahmedabad
- NENL has an authorized equity share capital of 1,00,000 shares of Rs. 10 each and a paid-up equity share capital of 50,000 shares of Rs. 10 each
- NENL to carry out the activities of business of establishing, commissioning, setting up, operating and maintaining electric power transmission systems
- Adani Energy Solutions holds 100% equity stake in NENL, having acquired 50,000 equity shares at a face value of Rs. 10 each