Mumbai, Feb. 12 -- Adani Power officially announced on Thursday that it has incorporated a wholly-owned subsidiary company called Adani Atomic Energy Ltd (AAEL) in order to generate, transmit and distribute electric power derived from nuclear or atomic energy.
According to a regulatory filing to the stock exchange, Adani Power's 100% owned subsidiary AAEL was incorporated with an authorised capital of Rs 5,00,000 which amounts to 50,000 equity shares of Rs 10 each on February 11, 2026.
AAEL received the Certificate of Incorporation from the Central Registration Centre, Registrar of Companies, on February 11,as per the statement.
The investment has been made in cash, the statement mentioned, adding that AAEL will be classified as a relate...