Adani Enterprises incorporates new subsidiary
Adani Enterprises on Saturday said it has incorporated Adani Petrochemicals Ltd (APL) as a wholly-owned subsidiary to carry on the business of setting up refineries, petrochemicals complexes and speciality chemicals units.
In a filing to BSE, the company said it incorporated the subsidiary on Friday and it is yet to commence business operations.
It has an authorised and paid-up share capital of Rs 1 lakh, Adani Enterprises said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)