Adani Enterprises Ltd.

Adani Enterprises’ wholly owned subsidiary -- Adani Petrochemicals (APCL) has completed the incorporation process of a joint venture company namely ‘Valor Petrochemicals’ (VPL) on January 4, 2025 (confirmation of the same has been received by the Company on January 6, 2025) with Indorama Resources, Thailand. APCL shall hold 50% share capital of VPL. VPL is incorporated with the object to set Refinery, Petrochemical and Chemical business.

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