Adani Green Energy Incorporates Wholly-Owned Subsidiary Adani Ecogen Five Limited
Adani Green Energy Limited (AGEL) announced the incorporation of its wholly-owned step-down subsidiary, Adani Ecogen Five Limited (AE5L), on January 01, 2026. The Certificate of Incorporation was rece...
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Why is Adani Green Energy Limited in the news today?
Adani Green Energy Limited (ADANIGREEN) is in the news due to the incorporation of a new subsidiary is a routine operational step for business expansion and does not immediately indicate a significant positive or negative financial impact.
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Adani Green Energy Incorporates Wholly-Owned Subsidiary Adani Ecogen Five Limited
January 2, 2026, 07:33 AM
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Adani Green Energy Limited (AGEL) announced the incorporation of its wholly-owned step-down subsidiary, Adani Ecogen Five Limited (AE5L), on January 01, 2026. The Certificate of Incorporation was received on January 02, 2026.
AE5L, a subsidiary of Adani Renewable Energy Holding Eleven Limited (AREH11L), which is itself a wholly-owned subsidiary of AGEL, has an authorized and paid-up capital of ₹1,00,000. The company is yet to commence business operations, and thus, its turnover is currently Nil. The main objective of AE5L is to generate, develop, transform, distribute, transmit, and supply power or electrical energy using renewable sources such as wind and solar energy.
AGEL holds 100% of the share capital of AE5L. The incorporation of AE5L does not fall within related party transactions, and no promoter, promoter group, or group companies have any interest in this entity. The entity is incorporated in India and registered with the Registrar of Companies, Gujarat, at Ahmedabad.
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