Adani Energy Solutions has announced the incorporation of a new wholly-owned subsidiary, Adani Energy Solutions Step-Fourteen Limited.
The company received the MCA intimation on September 2, 2025, around 03:00 p.m. IST.
The following table outlines the key details of Adani Energy Solutions Step-Fourteen Limited:
Particulars | Details |
---|---|
Name | Adani Energy Solutions Step-Fourteen Limited |
Authorized Share Capital | ₹1 Lakh |
Paid-Up Share Capital | ₹1 Lakh |
Turnover | Not applicable (Yet to commence business operations) |
Related Party Transaction | No |
Industry | Electric Utilities |
Objects and Effects of Acquisition | Incorporated by Adani Energy Solutions Limited, for transmission, distribution and supply of power and other infrastructure services relating thereto. |
Governmental or Regulatory Approvals Required | Not Applicable |
Indicative Time Period for Completion | Not Applicable |
Nature of Consideration | Cash |
Cost of Acquisition | Equity Shares are being acquired at a face value of ₹10/- each. |
Percentage of Shareholding | 100% |
Background of the Entity | Adani Energy Solutions Step-Fourteen Limited is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on September 2, 2025, and is yet to commence its business operations. |
The incorporation of this subsidiary is in line with Adani Energy Solutions' strategic objectives.
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