Adani Green Energy Limited has informed the Exchange about Incorporation of step-down subsidiary companies
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Adani Green Energy Limited announced that its wholly-owned subsidiary Adani Saur Urja (KA) Limited has incorporated four new wholly-owned step-down subsidiaries: Adani Hydro Energy Six Limited (AHE6L), Adani Hydro Energy Seven Limited (AHE7L), Adani Hydro Energy Eight Limited (AHE8L), and Adani Hydro Energy Nine Limited (AHE9L), all registered on June 3, 2025 in Gujarat. Each entity has an authorised and paid-up capital of Rs. 1,00,000 and has not yet started business operations. The purpose of these new entities is to generate, develop, and supply power using renewable energy sources such as wind and solar. Adani Saur Urja holds 100% shareholding in all four companies, making them step-down subsidiaries of Adani Green Energy.
This is a routine corporate restructuring move to set up project-specific entities for future renewable energy projects. It has no immediate financial impact on shareholders, as the new subsidiaries are newly incorporated with minimal capital and no operations yet, but signals the company's continued expansion plans in the renewable energy space.