StockWatch
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Power Generation
Subsidiary12 Jun 2026, 07:21 pm

Adani Green Energy Incorporates Wholly Owned Subsidiary

AI Summary

Adani Green Energy Ltd has incorporated a new wholly-owned subsidiary named Adani Global IFSC Limited on June 03, 2026. The subsidiary, registered in India (Gift City, Gandhinagar, Gujarat), will operate as a Global Treasury Centre, as permitted under IFSCA regulations. The incorporation involved a cash consideration with an authorized capital of INR 5,00,000. Adani Green Energy Limited will hold 100% of the shares in this new entity.

Key Highlights

  • Adani Green Energy Ltd established a new wholly-owned subsidiary.
  • The subsidiary is named Adani Global IFSC Limited.
  • It will function as a Global Treasury Centre.
  • The company holds 100% shareholding in the new entity.