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Adani Transmission incorporates WOS to carry on Smart Metering bizz; stock gains ~2.5%

28 Dec 2022 , 12:26 PM

Adani Transmission Limited informed that it has incorporated a wholly-owned subsidiary company by the name BEST Smart Metering Limited on December 27, 2022.

The company has incorporated the subsidiary to carry out its Smart Metering Business. As yet, Adani Transmission will hold 100% share in such subsidiary.

The head office of the company is located in Gujarat.

At around 12.13 PM, Adani Transmission was trading 2.44% higher at Rs2,562.90 per piece, against previous close of Rs2,501.80 respectively. The counter hit an intraday high and low of Rs2,577.70 and Rs2,458.10 respectively.

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