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Adani Transmission incorporates wholly owned subsidiary

12 Jan 2023 Evaluate

Adani Transmission has incorporated a wholly owned subsidiary company namely ‘Adani Transmission Step-Five’ on January 11, 2023. The company has incorporated a wholly owned subsidiary for Transmission Business. The cost of acquisition is Rs 1 lakh (10,000 Equity Shares of Rs 10 each).

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.

Peers
Company Name CMP
NTPC 314.00
Tata Power 352.45
Adani Power 195.50
Power Grid Corpn. 249.75
Adani Energy Solut. 1363.50
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