Adani Green Incorporates New Step-Down Subsidiary, Adani Ecogen Five Limited

Adani Green Energy’s wholly-owned subsidiary, Adani Renewable Energy Holding Eleven Limited, has incorporated a new wholly-owned step-down subsidiary. Named Adani Ecogen Five Limited (AE5L), the incorporation was effective on January 1, 2026. AE5L is yet to commence business operations, with an authorized and paid-up capital of ₹1,00,000 each.

Subsidiary Incorporation

Adani Green Energy Limited announced the incorporation of a new wholly-owned step-down subsidiary, Adani Ecogen Five Limited (AE5L). This incorporation was formalized on January 1, 2026. Adani Renewable Energy Holding Eleven Limited, a wholly-owned subsidiary of Adani Green Energy, facilitated the incorporation of AE5L.

Details of Adani Ecogen Five Limited

AE5L has an authorized share capital of ₹1,00,000 and a paid-up capital of ₹1,00,000. As of the announcement date, AE5L has not yet commenced business operations. The primary objective of AE5L is the generation of power using renewable energy sources, including wind and solar energy.

Ownership

Adani Renewable Energy Holding Eleven Limited holds 100% share capital of AE5L, confirming its status as a wholly-owned step-down subsidiary.

Source: BSE

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