Adani Enterprises merges subsidiaries into Adani New Industries Ltd for low-carbon projects.

Adani Enterprises has merged its subsidiaries, Adani Infrastructure Private Limited and Mundra Solar Technology Limited, into Adani New Industries Ltd (ANIL). This merger, effective October 1, aims to enhance operations in low-carbon projects, including green hydrogen and wind turbine manufacturing. ANIL will also produce essential components for solar technology. Following the merger, Adani Enterprises' shares rose by 1.6%.

October 02, 2024
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