Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2137.25
-19.45 (-0.90%)
< Home < Back

Adani Enterprises’ JV incorporates wholly owned subsidiary

Date: 17-12-2022

Adani Enterprises’ joint venture (JV) -- AdaniConnex has incorporated a Wholly Owned Subsidiary namely, DC Development Noida Two (DCDNTL), with an initial authorized and paid-up share capital of Rs 1 lakh each, to, inter-alia, undertake business to develop, operate, maintain, deal with data centers, Information Technology (IT) / Information Technology Enabled Services (ITES) / Cloud, providing services related thereto and to undertake activities associated with its infrastructure development including land acquisition & development for the said purpose. DCDNTL will commence its business operations in due course. AdaniConneX is joint venture of Adani Enterprises with EdgeConneX.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.