Adani Enterprises Limited has informed the Exchange about Incorporation of Adani Mangaluru Airport City Limited, Adani Jaipur Airport City Limited , Adani Lucknow Airport City Limited and Adani TRV Airport City Limited by Adani Airport City Limited, a step down wholly owned subsidiary of the Company
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Adani Enterprises has announced the incorporation of four new subsidiaries by its step-down wholly owned subsidiary, Adani Airport City Limited. The four new entities are Adani Mangaluru Airport City Limited (AMACL) and Adani Jaipur Airport City Limited (AJACL) incorporated on April 8, 2026, and Adani Lucknow Airport City Limited (ALACL) and Adani TRV Airport City Limited (ATACL) incorporated on April 9, 2026. Each subsidiary has been set up with a paid-up share capital of ₹10,00,000 (1,00,000 equity shares at ₹10 each). These entities will operate in the real estate sector, engaging in real estate activities, construction of buildings, and hotel/motel/resort operations. All four subsidiaries are wholly owned by Adani Airport City Limited, maintaining 100% control.
This is a routine corporate structuring announcement expanding Adani's airport city and real estate business footprint to four new locations. While it signals business expansion, the financial impact is minimal as the subsidiaries were incorporated with relatively small capital. The move indicates strategic positioning in airport-adjacent real estate development across multiple Indian cities.