-23.05 (-1.12%) Adani Enterprises has incorporated wholly owned subsidiary namely, Kagal Satara Road (KSRPL), on April 20, 2022. With an Initial Authorized and Paid-Up Share Capital of Rs 1,00,000 each. The company has incorporated wholly owned subsidiary to carry out the Development, Operation, Maintenance and Management of the project ‘Six Laning of Kagal-Satara section of NH-48 (old NH-4) [Package - II from km 658.000 to km 725.000] in the State of Maharashtra to be executed on BOT (Toll) mode under Bharatmala Pariyojana’ and to do all necessary and incidental activities in this regard. KSRPL 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.