Adani Transmission incorporates subsidiary for Rs 1 lakh

Adani Transmission incorporates subsidiary for Rs 1 lakh

The company incorporated the subsidiary for applying parallel distribution licenses in Aurangabad.

FPJ Web DeskUpdated: Friday, March 17, 2023, 10:42 AM IST
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Adani Transmission incorporates subsidiary for Rs 1 lakh |

Adani Transmission on March 15 incorporated its wholly owned subsidiary Adani Electricity Aurangabad Limited for Rs 1,00,00, the company announced through an exchange filing. The company incorporated the subsidiary for applying parallel distribution licenses in Aurangabad.

Adani Electricity Aurangabad had no turnover as it is yet to commence business operations and was incorporated on March 15, 2023.

Adani Transmission on March 15 announced that it is now single-use plastic free.

Adani Transmission shares

The shares of Adani Transmission on Friday at 10:37 am were at Rs 1,022.35, up by 5 per cent.

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