Adani Enterprises Incorporates Adani New Industries One Limited for Solar Manufacturing
Adani Enterprises Limited (AEL) has announced the incorporation of a new step-down wholly owned subsidiary by its existing wholly owned subsidiary, Adani New Industries Limited (ANIL). The newly formed entity, Adani New Industries One Limited (ANIOL), was officially registered on March 24, 2025.
Key Details of ANIOL:
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Authorized and Paid-up Share Capital: ₹1,00,000, divided into 10,000 equity shares.
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Turnover: As ANIOL is newly incorporated, it is yet to commence business operations and thus has no turnover to report.
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Industry Focus: ANIOL will operate in the solar manufacturing sector and related activities.
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Business Objectives: The company aims to engage in the trading and supply of various components, equipment, and materials associated with solar and wind manufacturing. This includes, but is not limited to, solar panels, inverters, wind turbines, blades, and related equipment. Additionally, ANIOL plans to offer a range of services pertinent to these areas.
The establishment of ANIOL underscores the Adani Group’s commitment to expanding its footprint in the renewable energy sector, particularly in solar and wind energy components and services. This strategic move aligns with the group’s broader vision of promoting sustainable energy solutions and contributing to India’s renewable energy goals.