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Adani Enterprises announces incorporation of wholly-owned arm Mundra Copper

Founded in 1988, Adani has grown to become a global integrated infrastructure player

Press Trust of India  |  New Delhi 

Gautam Adani
Gautam Adani

Enterprises Ltd (AEL) on Thursday announced the incorporation of a wholly-owned arm Ltd.

"Enterprises Ltd (AEL), has incorporated a wholly-owned subsidiary (WOS) namely, 'Ltd' (MCL) on November 22," the company informed the BSE in a filing.

MCL, it said, is yet to commence its business operations.

MCL was "incorporated by Enterprises Ltd, for developing, operating and maintaining of copper smelter plant," the filing said.

is one of the country's leading business houses with revenue of over USD 11 billion, according to its website.

Founded in 1988, Adani has grown to become a global integrated infrastructure player with businesses in key industry verticals -- resources, logistics, energy and agro.

First Published: Thu, November 22 2018. 20:10 IST
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