​Adani Enterprises incorporates manufacturing firm for wind turbine generators

NEW DELHI: Adani Enterprises Ltd NSE -1.68 % (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators.

In a filing to BSE, the company said it has incorporated a wholly-owned subsidiary namely Mundra Windtech Limited (MWL) on June 7, 2021. The subsidiary company is yet to commence its business operations.

On the objects and effects of acquisition/incorporation for the acquisition of MWL, it said the company has been incorporated “to carry on business as manufacturers of wind turbine generators and other auxiliaries.”

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