Subsidiary11 Nov 2026, 08:20 pm
Adani Enterprises Incorporates Adani Rovuma Chemicals in UAE
AI Summary
Adani Enterprises Ltd. announced the incorporation of its wholly owned subsidiary, Adani Rovuma Chemicals Limited (ARCL), in the United Arab Emirates on November 10, 2026. ARCL, a subsidiary of Adani Global Limited, will function as a holding company for gas-to-chemical projects. The initial paid-up share capital of ARCL is USD 100,000, with shares subscribed at face value. This move signifies Adani's expansion into the gas-to-chemical sector.
Key Highlights
- Adani Enterprises incorporated a new subsidiary, Adani Rovuma Chemicals Limited (ARCL).
- ARCL is established in the United Arab Emirates.
- The subsidiary will focus on holding company activities for gas-to-chemical projects.
- Initial paid-up capital is USD 100,000.
- ARCL is a wholly owned subsidiary of Adani Global Limited.
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