Adani Enterprises forms Adani Health Ventures as wholly-owned subsidiary

19 May 2022 , 09:52 AM

Adani Enterprises Ltd has informed that the company has incorporated a WOS namely, Adani Health Ventures Limited (“AHVL”), on May 17, 2022, with an Initial Authorized and Paid-Up Share Capital of Rs1 lakh each.

As per the filing, the incorporation is to carry on the business of healthcare related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech based facilities, research centers and to do all other allied and incidental activities in this regard.

Further, AHVL will commence its business operations in due course, said the Company.

At around 9:54 AM, Adani Enterprises was trading at Rs2,147.45 apiece down by Rs31.95 or 1.47% from its previous closing of Rs2,179.40 apiece on the BSE.