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Adani Enterprises Limited forms two subsidiaries for Coal Mining

25 Aug 2022

Adani Enterprises Limited has incorporated two Wholly Owned Subsidiaries on 23rd August, 2022 as per following details:

1. Hirakund Natural Resources Limited ("HNRL"), with an Initial Authorized Share Capital of Rs. 10,00,000/- and Paid-Up Share Capital of Rs. 5,00,000/- to, carry on business in Mining of Coals and Other Minerals and to do all necessary and incidental activities in this regard. HNRL will commence its business operations in due course.



2. Vindhya Mines and Minerals Limited ("VMML"), with an Initial Authorized Share Capital of Rs. 10,00,000/- and Paid-Up Share Capital of Rs. 5,00,000/- to, carry on business in Mining of Coals and Other Minerals and to do all necessary and incidental activities in this regard. VMML will commence its business operations in due course.

Shares of Adani Enterprises Limited was last trading in BSE at Rs. 3023.65 as compared to the previous close of Rs. 3052.00. The total number of shares traded during the day was 447369 in over 16157 trades.

The stock hit an intraday high of Rs. 3075.00 and intraday low of 2929.05. The net turnover during the day was Rs. 1349580062.00.