-63.40 (-2.97%) Adani Enterprises has incorporated wholly owned subsidiary (WOS) namely, ‘Adani New Industries’ (ANIL), on December 30, 2021, with an Initial authorized and paid-up share capital of Rs 1 lakh each, to, interalia, undertake business of developing and operating projects for the synthesis of low carbon fuels and chemicals, generation of low carbon electricity and the manufacture of key components/ material for such projects including but not limited to generation of green hydrogen, related downstream products, electricity generation, manufacture of wind turbines, solar modules, batteries, electrolyzers, associated upstream manufacturing as well as ancillary industries and to undertake all such activities associated therewith in this regard. ANIL will commence its business operations in due course.
Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.