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Adani Enterprises’ step-down arm incorporates subsidiary in Dubai

22 Mar 2025 Evaluate

Adani Enterprises’ step-down subsidiary-- Cococart Ventures (CVPL) has incorporated a Wholly Owned Subsidiary (WOS) namely ‘Cococart International-FZCO’ (CIFZCO) in Dubai, UAE on March 21, 2025. CIFZCO shall be engaged in overseas trading, in furtherance of CVPL business. CVPL shall hold 100% share capital of CIFZCO. 

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.


Peers
Company Name CMP
Redington 356.80
Adani Enterprises 2736.70
Amrapali Industries 34.60
Maxgrow India 177.85
Rashi Peripheral 864.65
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