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Adani Energy Solutions Incorporates Wholly-Owned Subsidiary A-ONE ENERGY NETWORKS LIMITED
Adani Energy Solutions Limited
January 17, 2026, 07:03 AM
Adani Energy Solutions Limited incorporated a new wholly-owned subsidiary, A-ONE ENERGY NETWORKS LIMITED. The subsidiary aims to operate and maintain electric power transmission systems. Adani Energy Solutions acquired a 100% stake for ₹50,000 at face value.
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Adani Energy Solutions Limited has announced the incorporation of a new wholly-owned subsidiary, A-ONE ENERGY NETWORKS LIMITED (AOENL). The incorporation was officially completed on January 16, 2026. AOENL has an authorized equity share capital of ₹1,00,000 divided into 10,000 shares of ₹10 each, and a paid-up equity share capital of ₹50,000, also comprising 5,000 shares of ₹10 each. The new entity is being established to undertake activities related to the establishment, commissioning, setting up, operation, and maintenance of electric power transmission systems.
Adani Energy Solutions Limited has acquired a 100% equity stake in AOENL. The cost of acquisition for 50,000 equity shares was at their face value of ₹10 each. The acquisition does not fall under related party transactions, and there is no interest from promoters, promoter groups, or group companies in the newly acquired entity at an arm's length basis. AOENL is yet to commence business operations, and therefore, its turnover for the last three years is not applicable. The incorporation is in line with the company's strategic objectives in the power transmission sector.
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