Adani Energy forms subsidiary for Vasai-Virar electricity operations
Author: PPD Team Date: August 6, 2025
Adani Energy Solutions Limited has incorporated a wholly owned subsidiary, Adani Electricity Vasai-Virar Limited, to undertake electricity generation, transmission, and distribution activities. The development was disclosed in a regulatory filing to the BSE and NSE on 5 August 2025.
The subsidiary has been registered under the Companies Act with an authorised and paid-up capital of Rs 1 lakh each. Adani confirmed that the transaction is not with any related party and is conducted at arm’s length.
According to the filing, the subsidiary will focus on electricity operations in line with Adani’s core business. The shares have been acquired at a face value of Rs 10 each.
The filing complies with the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.