Adani Enterprises Limited has incorporated a wholly-owned subsidiary (WOS) named Adani Ropeways Limited (ARL) on October 23, 2025. The newly formed subsidiary has a subscribed capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 each. ARL will focus on developing and promoting ropeway projects, although it is yet to commence business operations.
Adani Ropeways Limited Launched
Adani Enterprises Limited announced the incorporation of a new wholly-owned subsidiary (WOS) called Adani Ropeways Limited (ARL). The confirmation of incorporation was received by the company on October 23, 2025, at 6:31 pm IST.
Subsidiary Details
Adani Ropeways Limited (ARL) has been established with the primary objective of undertaking the development and promotion of ropeway projects in India. The company also aims to extend various forms of assistance, including investment, financial, technical, and commercial support, for the development, construction, operation, and maintenance of these projects.
Capital and Operations
As of the announcement on October 24, 2025, the subscribed capital of Adani Ropeways Limited is ₹1,00,000, divided into 10,000 equity shares with a face value of ₹10 each. Currently, ARL is in its initial stages and is yet to commence its business operations.
Source: BSE