Adani Enterprises (ADANIENT) — Related Party Transaction

Adani Enterprises' wholly-owned subsidiary Adani Road Transport Limited incorporated a step-down wholly-owned subsidiary, Indore Gujarat Road Limited (IGRL), on February 15, 2025. IGRL has ₹100,000 authorized capital divided into 10,000 equity shares and is yet to commence operations. The entity will operate in road infrastructure services. No related party transaction implications apply, and no governmental approvals are required.

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About Adani Enterprises Limited (ADANIENT)

Metals & Mining · Metals & Minerals Trading · Listed on NSE

Market Cap: ₹3,50,878.2 Cr P/E: 34.6 ROE: 11.5% ROCE: 9.6%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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