ADANIPOWERNSEAdani Power Limited· PowerMediumNeutral
Announced Tue, 21 Apr · 07:10 IST

Adani Power Limited has informed the Exchange about Incorporation of Step-Down Wholly Owned Subsidiary of Adani Power Limited

ADANIPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹199.50
prior close
₹203.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.9+0.8+0.1+0.9+7.9+7.7+7.3+9.7+12.3+11.3+7.4+10.2+16.9+10.5
Up moveDown movePending
AI summary

Adani Power Limited has announced the incorporation of a new step-down wholly owned subsidiary, Rawatbhata-Raj Atomic Energy Limited (RRAEL), on April 20, 2026. The new entity is incorporated in India and will operate in the nuclear energy sector, focusing on generating, transmitting, and distributing power from nuclear and atomic energy sources. RRAEL is a wholly-owned subsidiary of Adani Atomic Energy Limited (AAEL), which itself is a wholly-owned subsidiary of Adani Power Limited. The new company has been incorporated with an authorized capital of Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10 each, with 100% shareholding held by AAEL.

Likely market impact

This filing signals Adani Power's strategic expansion into the nuclear energy sector through a subsidiary structure. Since the entity is wholly-owned, there is no equity dilution for existing shareholders. The small authorized capital suggests this is an early-stage incorporation for future nuclear energy projects.