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Adani Enterprises incorporates wholly owned subsidiary

04 Nov 2025 Evaluate

Adani Enterprises has incorporated a wholly owned subsidiary namely ‘Munger Sultanganj Road’ (MSRL) in India on November 03, 2025. The MSRL has been incorporated to carry out the development, maintenance and management of the project ‘Construction of Ganga Path Connecting Munger (Safiabad)-Bariyarpur-Ghorghat-Sultanganj Road in the State of Bihar on Hybrid Annuity Mode’. The newly incorporated entity belongs to Infrastructure industry.

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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