Adani Enterprises announces incorporation of step-down subsidiary

Adani Enterprises announced that its wholly owned subsidiary, Adani Road Transport has incorporated a wholly owned subsidiary by the name, Kagal Satara Road on 20 April 2022. This company will undertake the Development, Operation, Maintenance and Management of the project - "Six Laning of Kagal-Satara section of NH-48 (old NH-4) [Package - II from km 658.000 to km 725.000] in the State of Maharashtra to be executed on BOT (Toll) mode under Bharatmala Pariyojana" and to do all necessary and incidental activities in this regard.

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