Adani Transmission forms new subsidiary

14 Sep 2022 , 09:18 AM

Adani Transmission Limited has incorporated its wholly-owned subsidiary in the name of Adani Electricity Jewar Limited (“AEJL”) on September 12, 2022 with an initial authorised and paid up capital of Rs1,00,000/- each.

As per the filing, the incorporation of subsidiary is to, carry on the business of transmission, distribution and supply of power and other infrastructure services relating thereto.

Further, AEJL will commence its business operations in due course.

At around 9:18 AM, Adani Transmission Ltd is currently trading at Rs4,009.75 per share down by Rs25.4 or 0.63% from its previous closing of Rs4,035.15 per share on the BSE.

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