Adani Energy Solutions Limited has informed the Exchange about Incorporation of Adani Energy Solutions Step-Fifteen Limited, a wholly owned subsidiary of the Company.
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Adani Energy Solutions Limited has incorporated a new wholly owned subsidiary named 'Adani Energy Solutions Step-Fifteen Limited' on 27th August 2025. The new entity has an authorized and paid-up share capital of Rs. 1 Lakh each and has not yet commenced business operations. It will operate in the Electric Utilities sector, focusing on transmission, distribution, and supply of power and related infrastructure services. The investment was made in cash at face value of Rs. 10 per equity share, and the transaction is not a related party deal. No government or regulatory approvals were required for the incorporation.
This is a routine corporate restructuring move to create a step-down subsidiary, likely for a specific project or business purpose in the power transmission/distribution space. Minimal direct impact on shareholders as the capital deployed is small (Rs. 1 Lakh) and the subsidiary is not yet operational.