Adani Global Limited, a wholly-owned subsidiary of Adani Enterprises, has successfully incorporated a new step-down wholly-owned subsidiary named Adani Rovuma Chemicals Limited (ARCL). The incorporation took place on November 10, 2026, in the United Arab Emirates. ARCL is established to undertake holding company activities for gas to chemical projects, with an initial paid-up share capital of USD 100,000.
New Subsidiary Established for Gas-to-Chemical Projects
Adani Enterprises Limited announced today the incorporation of a new step-down wholly-owned subsidiary by its subsidiary, Adani Global Limited. The new entity, named Adani Rovuma Chemicals Limited (ARCL), was incorporated on November 10, 2026, in the United Arab Emirates. This development marks a strategic move by the Adani Group to further its involvement in the gas-to-chemical sector.
Operational Focus and Capitalization
The primary purpose of ARCL will be to act as a holding company for gas-to-chemical projects. The company has been established with a paid-up share capital of USD 100,000, comprising 100,000 equity shares with a face value of USD 1 each. Adani Global Limited holds 100% of the shareholding in ARCL, underscoring the wholly-owned nature of this new subsidiary within the Adani Group structure.
Key Details of Incorporation
- Entity Name: ADANI ROVUMA CHEMICALS LIMITED (“ARCL”)
- Date of Incorporation: November 10, 2026
- Country of Incorporation: UAE
- Parent Company: ARCL is a wholly owned subsidiary of Adani Global Limited, which is itself a wholly owned subsidiary of Adani Enterprises Limited.
- Industry: Gas to chemical industry
- Purpose: Holding company for gas to chemical projects.
- Initial Capital: USD 100,000
Source: BSE
