Adani Group merges subsidiaries with ANIL

Adani Enterprises has merged two step-down subsidiaries with Adani New Industries Ltd, according to a stock exchange filing on Wednesday.

"Adani Infrastructure Private Limited and Mundra Solar Technology Limited stands amalgamated with Adani New Industries Limited, a wholly-owned subsidiary of the company," Adani Enterprises Ltd, the group's flagship firm said in the filing.

Adani Infrastructure and Developers is a real estate company that constructs and develops thermal and solar power projects and provides EPC services.


Mundra Solar Technology is involved in the production, collection, and distribution of electricity.

Adani New Industries Ltd (ANIL) is a subsidiary of Adani Enterprises Ltd that undertakes low-carbon projects including green hydrogen, manufacturing of wind turbines and solar modules and batteries.