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Adani Green Energy shares in focus as arm incorporates 2 subsidiaries; stock up 65% in 1 month

Adani Green Energy announces incorporation of 2 step down subsidiaries

New Delhi, Dec 14 (PTI) Adani Green Energy on Thursday announced the incorporation of two step-down subsidiaries, Adani Renewable Energy Fifty One Ltd and Adani Renewable Energy Fifty Five Ltd.

Adani Green announces incorporation of new subsidiaries, shares up

Adani Green announces incorporation of new subsidiaries, shares up
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Adani Group companies form new subsidiaries

Adani Saur Urja (KA) Limited, a wholly-owned subsidiary, has established Adani Renewable Energy Fifty One Limited, and Adani Renewable Energy Holding Nine Limited, another wholly-owned subsidiary, has formed Adani Renewable Energy Fifty Five Limited. These new subsidiaries will undertake the generation of power using renewable sources, specifically wind and solar energy. Currently, the companies are in the initial stages and are yet to begin operations.

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