Adani Green Energy Limited announced the incorporation of two wholly-owned step-down subsidiaries, Adani Ecogen One Limited (“AE1L”) and Adani Ecogen Two Limited (“AE2L”), by its wholly-owned subsidiary, Adani Renewable Energy Holding Eleven Limited (“AREH11L”) on September 19, 2025.
Details of the Subsidiary Companies:
| Particulars | AE1L | AE2L |
|---|---|---|
| Authorised Capital | ₹1,00,000 | ₹1,00,000 |
| Paid-up Capital | ₹1,00,000 | ₹1,00,000 |
| Turnover | Nil (AE1L yet to commence business operations) | Nil (AE2L yet to commence business operations) |
AE1L and AE2L are registered with the Registrar of Companies, Gujarat at Ahmedabad and are yet to commence their business operations. The main objective of AE1L and AE2L is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.
Adani Renewable Energy Holding Eleven Limited, a wholly-owned subsidiary of the Company, holds 100% share capital of AE1L and AE2L.
The acquisition does not fall within related party transactions.
No governmental or regulatory approvals were required for the acquisition.
This is to inform that Adani Renewable Energy Holding Eleven Limited (“AREH11L”), a wholly-owned subsidiary of the Company, has incorporated wholly-owned subsidiaries, namely, Adani Ecogen One Limited (“AE1L”) and Adani Ecogen Two Limited ("AE2L”) on September 19, 2025.
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