-19.45 (-0.90%) Adani Enterprises’ wholly owned subsidiary -- Mundra Aluminium (MAL), has been declared as the preferred bidder for the Kutrumali bauxite block by the Odisha government. Also, a letter of intent has been issued to Mundra Aluminium by the Odisha government on February 27, 2023. Mundra Aluminium incorporated with an objective of carrying out the business of mining, refining, smelting, development, production and operations of bauxite, alumina and aluminium.
Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.