Adani Green Energy incorporates two new step-down subsidiaries

Arunika Jain — Thu, 07 May 2026 09:28:03 +0000

Adani Green Energy Limited has announced the incorporation of two new wholly-owned subsidiaries under its subsidiary Adani Renewable Energy Sixty Four Limited (ARE64L). The new entities, named ARE64L Step-One Renewable Energy Limited (ARE64S1L) and ARE64L Step-Two Renewable Energy Limited (ARE64S2L), were incorporated on 7 May 2026.

The newly formed subsidiaries are based in India and focus on the generation of power using renewable energy sources. Both ARE64S1L and ARE64S2L are step-down subsidiaries of Adani Green Energy, as they are wholly owned by ARE64L, in which Adani Green Energy holds a 50% stake.

Each of the new subsidiaries has been incorporated with an authorised capital of ₹1,00,000. The incorporation does not involve any direct shareholding by Adani Green Energy in ARE64S1L and ARE64S2L. Instead, ARE64L holds 100% of the shares in these entities.

The incorporation of these subsidiaries aligns with Adani Green Energy’s strategic focus on expanding its renewable energy portfolio. The company continues to strengthen its position in the renewable energy sector, contributing to sustainable energy solutions.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

ARE64L | Business Upturn

Adani Green Energy incorporates two new step-down subsidiaries