Adani Green Energy Limited (AGEL) has announced the successful incorporation of a new wholly-owned subsidiary named Adani Renewable Energy Middle East Ltd (AREMEL). The establishment date for this new entity was February 25, 2026, with operations based in the United Arab Emirates. AREMEL is exclusively focused on the Generation of power using renewable sources of energy, marking AGEL’s strategic expansion into the Middle East market. The initial authorized capital is set at AED 10,000.
AGEL Establishes New International Subsidiary
Adani Green Energy Limited (AGEL) has confirmed the incorporation of a new wholly-owned subsidiary, Adani Renewable Energy Middle East Ltd (“AREMEL”). This strategic move was officially recorded on February 25, 2026, signaling AGEL’s expansion focus into the Middle East region. The new entity will operate out of the United Arab Emirates.
Operational Focus and Structure
The primary business of AREMEL will be the Generation of power using renewable sources of energy. As a wholly-owned subsidiary, AGEL retains 100% of the shareholding and control over the newly formed company. The incorporation involved a Cash consideration, utilizing authorized capital of AED 10,000.
Regulatory Compliance
AGEL confirms that all necessary details regarding the subsidiary’s formation, as required under applicable disclosure regulations, have been duly attached as Annexure A to the official filing made on February 25, 2026, to both the BSE Limited and the National Stock Exchange of India Limited.
Source: BSE
