Adani Energy Solutions incorporates new wholly-owned subsidiary

Adani Energy Solutions has incorporated Adani Energy Solutions Step-Fifteen Limited as a wholly-owned subsidiary, effective August 27, 2025. This new Indian entity will focus on transmission, distribution, and supply of power, along with other related infrastructure services.

The newly formed subsidiary has an authorized share capital of INR 1 Lakh and a paid-up share capital of INR 1 Lakh. Adani Energy Solutions is acquiring equity shares at a face value of INR 10 each, with the transaction structured as a cash consideration.

Adani Energy Solutions Step-Fifteen Limited is categorized under the electric utilities industry and is yet to commence business operations, meaning it currently has no turnover. The acquisition falls within the scope of related party transactions, with Adani Energy Solutions Limited being the sole incorporator.