Adani Green Energy announces incorporation of two step down subsidiaries
Adani Green Energy on Friday announced the incorporation of two step down subsidiaries Adani Renewable Energy Fifty Six Ltd and Adani Renewable Energy Fifty Seven Ltd.
“Adani Renewable Energy Holding Nine Ltd, a wholly-owned subsidiary of the company, has incorporated two wholly-owned subsidiaries, namely, Adani Renewable Energy Fifty Six Ltd (ARE56L) and Adani Renewable Energy Fifty Seven Ltd (ARE57L) on December 14, 2023,” a BSE filing stated.
Both step down subsidiaries have authorised as well as paid-up share capital of Rs 1 lakh each.
