Adani Power Limited has informed the Exchange about incorporation of wholly-owned subsidiary.
ADANIPOWER · price
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Adani Power Limited has incorporated a new wholly-owned subsidiary named Integrated Power Supply Limited (IPSL) on May 14, 2026. The subsidiary will operate in the power sector, specifically focused on trading and brokering electricity and other energy forms. IPSL was established with an authorized share capital of Rs. 5,00,000, divided into 50,000 equity shares of Rs. 10 each. Adani Power holds 100% ownership in the new entity. This move appears to be an expansion of Adani Power's business into energy trading activities.
The incorporation of IPSL indicates Adani Power is diversifying into energy trading and brokering, which could open new revenue streams. As a wholly-owned subsidiary, any profits or losses will flow directly to Adani Power, potentially impacting future financials.