Adani Total Gas incorporates two wholly-owned subsidiaries

29 Aug 2022 , 10:14 AM

Adani Total Gas Ltd (ATGL) has incorporated two Wholly Owned Subsidiaries on August 26, 2022.

Adani TotalEnergies Biomass Limited (“ATEBL”), with an Initial Authorized Share Capital of Rs1 Lakh and Paid-Up Share Capital of Rs1 Lakh to, carry on the business of developing, establishing and operating Bio-Conversion Plants at various places and to produce Compressed Bio-Gas (CBG) and supplemental products also including Organic Manure and Fertilizer in solid & liquid form and to do all necessary and incidental business activities in this regard.

ATEBL will yet to commence its business operations.

Adani TotalEnergies E-Mobility Limited (“ATEEL”), with an Initial Authorized Share Capital of Rs1 Lakh and Paid-Up Share Capital of Rs1 Lakhs to, carry on business of e-mobility areas like setting up EV (Electric Vehicles) stations directly and through its network of dealers, EV charging and to do all incidental business activities in this regard. ATEEL is yet to commence its business operations in due course.

At around 10:22 AM, Adani Total Gas was trading at Rs3458.05 per share lower by 0.04% on the BSE.

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