Adani Enterprises forms new subsidiary for ropeway projects in India

Adani Enterprises Limited (AEL) incorporated a new wholly owned subsidiary, Adani Ropeways Limited (ARL), on October 23, 2025. This move aims to undertake the development and promotion of ropeway projects and provide comprehensive assistance, including investment, financial, technical, or commercial support, for the development, construction, operation, and maintenance of such projects across India.

ARL has a subscribed capital of INR 100,000, divided into 10,000 equity shares of INR 10 each. As a newly formed entity, ARL currently reports nil turnover as it is yet to commence business operations. Adani Enterprises Limited will hold 100% of the share capital of Adani Ropeways Limited.

The new subsidiary's registration was completed with the Registrar of Companies, Ahmedabad, on October 23, 2025. This strategic incorporation by AEL falls under the infrastructure industry, aligning with the company's broader business interests.