Adani Enterprises Limited said that its fully-owned subsidiary — CG Natural Resources Private Limited (CGNRPL) had recently taken part in a tender invited by the Indian Ministry of Coal, and had been declared as the successful bidder for two coal projects in Chhattisgarh. CG Natural Resources has won the Jhigador and the Khargaon coal blocks, […]
Adani Enterprises said that its step-down subsidiary Ordefence Systems Limited has incorporated a company dubbed as PLR Systems (India) Limited. According to Adani Enterprises, PLR Systems (India) will be engaged in manufacturing defense and security equipment for supporting the Indian Armed Forces. Ordefence Systems already has an existing subsidiary called PLR Systems Private Limited, which […]
Adani Road Transport Ltd (ARTL) has signed a deal to acquire a 49% stake in Maharashtra Border Check Post Network Ltd., a subsidiary of Sadbhav Infrastructure Project Limited, at an enterprise value of INR 1,680 crores. Maharashtra Border Check Post Network has a portfolio of 24 border check posts. Until at least 2033, the company […]
Gautam Adani’s Adani Enterprises has incorporated another fully-owned subsidiary — the latest being Noida Data Center Limited (NDCL). According to the Adani Group company, Noida Data Center Limited will be engaged in developing, operating, maintaining, and dealing with the business of data centers, IT, ITeS, and cloud. Adani Enterprises has incorporated the new subsidiary with […]
Adani Enterprises Limited said that Adani Wilmar Limited is seeking an initial public offering (IPO) for listing on both the BSE and National Stock Exchange of India. Adani Wilmar is a 50:50 joint venture between the Adani Group and the Wilmar Group, a Singapore-based agribusiness company. In view of the proposed IPO, Adani Wilmar has […]
Adani Enterprises Ltd, the flagship entity of Gautam Adani’s Adani Group, has incorporated a fully-owned subsidiary called — Adani Petrochemicals Limited (APL) to foray into the petrochemical industry. Adani Petrochemicals Limited will be engaged in establishing refineries, petrochemicals complexes, specialty chemicals units, hydrogen and related chemicals plants, and other similar units. Adani Enterprises said that […]
Adani Airport Holdings (AAHL), a fully-owned subsidiary of Adani Enterprises, has taken over the management control of Mumbai International Airport Limited (MIAL) from the GVK Group. The takeover comes after the Adani Group company secured approval from the Indian government, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Maharashtra government. It can […]
Adani Enterprises said that it has incorporated a new fully-owned subsidiary Adani Cement Industries Limited (ACIL) for manufacturing, producing, and processing all types of cement. Adani Cement Industries, which has an authorized share capital of INR 10 lakh, is yet to commence business operations. Adani Enterprises is the flagship entity of Adani Group, which focuses […]
Adani Enterprises said that it has incorporated a new fully-owned subsidiary – Mundra Windtech Limited (MWL), which will be engaged in manufacturing wind turbine generators and other auxiliaries. The flagship entity of Indian conglomerate Adani Group said that Mundra Windtech Limited is yet to start its business operations. The new Indian wind turbine manufacturer has […]
Adani Enterprises, the flagship entity of Indian conglomerate Adani Group, has announced the incorporation of a fully-owned subsidiary Mahanadi Mines and Minerals Private Limited (MMMPL). According to Adani Enterprises, Mahanadi Mines and Minerals has been created to own, develop, and operate mines of various minerals. The company, which has been incorporated in India, and registered […]