Adani Green Energy’s arm incorporates wholly-owned subsidiary

Adani Green Energy Ltd. | Power Generation/Distribution | Power | BSE: 541450 | NSE: ADANIGREEN

27 Dec 2025 Evaluate

Adani Green Energy’s wholly-owned subsidiary--Adani Renewable Energy Holding Eleven (AREH11L) has incorporated wholly-owned subsidiary, namely, Ecothrive Renewables (ERL) on December 26, 2025. The main objective of ERL is to generate, develop, transform, distribute, transmit, sale, supply any kind of power or electrical energy using wind energy, solar energy or other renewable sources of energy.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

Peers

Company Name	CMP
NTPC	330.00
Tata Power	363.30
Adani Power	202.00
Power Grid Corpn.	263.50
Adani Energy Solut.	1346.95
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.