Moneycontrol PRO
HomeNewsBusinessAdani Transmission incorporates Adani Electricity Nashik for distribution biz in Nashik

Adani Transmission incorporates Adani Electricity Nashik for distribution biz in Nashik

It is aimed at applying parallel distribution license in the city.

March 17, 2023 / 20:53 IST

Adani Transmission has incorporated an arm, Adani Electricity Nashik Ltd, for distribution business in the Nashik area.

It is aimed at applying parallel distribution license in the city.

"The company has incorporated a wholly-owned subsidiary company in the name of 'Adani Electricity Nashik Ltd' (AENL) on 16th March, 2023," it said in a regulatory filing.

AENL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on March 16, 2023.

AENL is yet to commence its business operations, according to the company.

PTI
first published: Mar 17, 2023 08:53 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347