Adani Power Limited has announced the incorporation of a wholly-owned subsidiary, Integrated Power Supply Limited (IPSL), on 14 May 2026. The Certificate of Incorporation was received on 16 May 2026. IPSL is set to operate within the power industry, dealing in all forms of electricity and other energy sources.
The new subsidiary, IPSL, has been established with an authorised share capital of ₹5,00,000, divided into 50,000 equity shares of ₹10 each. Adani Power Limited holds 100% of the shareholding in IPSL, ensuring complete control over the new entity.
IPSL aims to engage in trading, acting as an agent, broker, or representative in the electricity and energy sectors. This strategic move aligns with Adani Power’s broader objectives to expand its footprint in the energy sector.
No governmental or regulatory approvals were required for the incorporation of IPSL, and the nature of consideration for the incorporation was cash-based.
Adani Power Limited continues to strengthen its position in the power industry with this latest incorporation, reflecting its commitment to growth and diversification in the energy market.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).