Mundra Synenergy Limited, a wholly owned subsidiary of Adani Enterprises, has incorporated a new wholly owned subsidiary named Singrauli Syn-Gas & Chemicals Ltd on November 14, 2025. The new entity, with a subscribed capital of ₹500,000, has yet to commence business operations. MSEL will hold 100% share capital of SSGCL.
Subsidiary Incorporation Details
Adani Enterprises Limited announced that its wholly owned subsidiary, Mundra Synenergy Limited (MSEL), has incorporated a step-down wholly owned subsidiary. The newly formed entity is named Singrauli Syn-Gas & Chemicals Ltd (SSGCL). The incorporation was confirmed on November 14, 2025.
Key Details of Singrauli Syn-Gas & Chemicals Ltd (SSGCL)
SSGCL’s subscribed capital is ₹500,000, divided into 50,000 equity shares of ₹10 each. Currently, SSGCL’s turnover is Nil, as it is yet to commence business operations. MSEL shall hold 100% share capital of SSGCL. SSGCL belongs to the Chemical industry and will focus on the manufacture of chemicals and chemical products. As of November 14, 2025, SSGCL’s business operations are yet to commence. The company is focused on the manufacturing of chemicals and chemical products.
Source: BSE