Adani Enterprises Limited has announced the incorporation of four new wholly-owned subsidiaries under its step-down subsidiary, Adani Airport City Limited. These entities, established to focus on real estate and construction projects, mark a strategic expansion in the company’s airport-linked infrastructure development. Each of the four new entities has been incorporated with a paid-up share capital of ₹10,00,000.
Strategic Subsidiary Incorporation
On April 11, 2026, Adani Enterprises confirmed the formation of four new companies to drive its real estate and infrastructure objectives. These subsidiaries, held by Adani Airport City Limited, will specifically focus on the development of airport city projects in Mangaluru, Jaipur, Lucknow, and Thiruvananthapuram (TRV).
Entities and Incorporation Details
The newly incorporated entities are:
- Adani Mangaluru Airport City Limited (AMACL) – Incorporated April 8, 2026
- Adani Jaipur Airport City Limited (AJACL) – Incorporated April 8, 2026
- Adani Lucknow Airport City Limited (ALACL) – Incorporated April 9, 2026
- Adani TRV Airport City Limited (ATACL) – Incorporated April 9, 2026
Business Focus and Capital Investment
Each of the four entities is dedicated to real estate activities, including the construction of buildings on own or leased property, as well as the management of hospitality assets such as hotels, motels, and resorts. The company has invested a paid-up capital of ₹10,00,000 into each subsidiary, represented by 1,00,000 equity shares per entity at a face value of ₹10/-. This move reinforces the Adani Group’s commitment to creating integrated commercial and hospitality ecosystems surrounding its airport assets.
Source: BSE
