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Adani Enterprises’ arm incorporates wholly owned subsidiary in Macau

21 Nov 2023 Evaluate

Adani Enterprises’ step-down subsidiary -- Mumbai Travel Retail has completed the incorporation process of its wholly owned subsidiary namely ‘MTRPL Macau (MML)’ in Macau on November 20, 2023. Registration process of MML with the Macau Company Registry, Macau has been completed on November 20, 2023. 

MML is incorporated for the purpose of bidding of the tender of Duty-Free Liquor & Tobacco Shops at Macau International Airport. MML is yet to commence its business operations. 

Adani Enterprises is the flagship company of Adani Group, one of India’s largest business organisations.


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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