Date: 25th September 2026
Subsidiary Incorporation Details
Adani Energy Solutions Limited has incorporated 8 (Eight) new Wholly Owned Subsidiaries as per MCA intimation(s) received by the Company on 24th September 2026 at about 06.30 p.m. IST.
Subsidiary Entities Incorporated:
1. Arasan Step V Limited ("ASVL")
2. Arasan Step VI Limited ("ASVIL")
3. Arasan Step VII Limited ("ASVIIL")
4. Arasan Step VIII Limited ("ASVIIIL")
5. Arasan Step IX Limited ("ASIXL")
6. Arasan Step X Limited ("ASXL")
7. Arasan Step XI Limited ("ASXIL")
8. Arasan Step XII Limited ("ASXIIL")
Key Details:
- Date of incorporation: 24th September, 2026
- Country of incorporation: India
- Holding company: Adani Energy Solutions Limited is the holding company of all 8 subsidiaries
- Industry classification: Electric Utilities
- Business purpose: Incorporated for carrying on the business of production, generation, transformation, transmission, processing, storing, supply and distribution of electricity
- Governmental approvals: Not Applicable
- Consideration type: Cash
- Cost of subscription: Each subsidiary incorporated with a paid-up share capital of ₹5,00,000/- (50,000 equity shares of ₹10/- each)
- Shareholding pattern: 100% of the shareholding of all 8 subsidiaries are held by Adani Energy Solutions Limited
- Subscription price: Shares subscribed at face value of ₹10/- each per share
Not Specified Sections
KMP / Board / Auditor Changes: Not specified
Dividend Declaration or Non-Declaration: Not specified
Board Meeting Outcomes: Not specified
Financial Results: Not specified
Auditor's Report: Not specified
Disinvestment / Strategic Actions: Not specified
Media Release / Investor Communication: Not specified
Other Operational / Legal / Strategic Disclosures: Not specified