Adani Enterprises incorporates fully-owned subsidiary – Mundra Aluminium

Adani Enterprises has incorporated a fully-owned subsidiary called — Mundra Aluminium Limited with an objective to establish an alumina refinery and aluminium smelter.

Mundra Aluminium has an authorized share capital of INR one lakh and a paid-up share capital of the same amount.

The new subsidiary of Adani Enterprises is yet to begin business operations.