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Adani Enterprises’ arm incorporates two wholly owned subsidiaries

23 Sep 2022 Evaluate

Adani Enterprises’ wholly-owned subsidiary -- Adani Road Transport has incorporated two wholly owned subsidiaries namely ‘Adani Road STPL’ (ARSL) and Adani Road GRICL (ARGL).

Adani Road STPL has incorporated with an Initial Authorized & Paid-up Share Capital of Rs 1 lakh to, interalia, undertake promotion and development of road and other infrastructure projects and to that end and purpose to extend assistance of all kinds including technical or commercial. etc. ARSL will commence its business operations in due course.

Adani Road GRICL incorporated with an Initial Authorized & Paid-up Share Capital of Rs 1 lakh to, interalia, undertake promotion and development of road and other infrastructure projects and to that end and purpose to extend assistance of all kinds including technical or commercial. etc. ARGL will commence its business operations in due course.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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