Adani Enterprises Expands Real Estate Portfolio with Three New Subsidiaries

Adani Enterprises Limited has informed the stock exchanges that its step-down wholly owned subsidiary, Adani Airport City Limited, has incorporated three new subsidiaries on April 6, 2026. The intimation was received by the company on April 18, 2026, at 3:59 p.m. IST, in compliance with Regulation 30 of SEBI Listing Regulations.

The three newly incorporated subsidiaries are Adani Navi Mumbai Airport City Limited (ANMACL), Adani Guwahati Airport City Limited (AGACL), and Adani Ahmedabad Airport City Limited (AAACL). All entities have been established in India and fall under the Real Estate Activities industry sector.

ANMACL, AGACL, and AAACL are wholly owned by Adani Airport City Limited, which itself is a step-down wholly owned subsidiary of Adani Enterprises Limited. This corporate structure ensures complete control through the subsidiary chain.

Each of the three subsidiaries has been incorporated with a paid-up share capital of ₹10,00,000, comprising 1,00,000 equity shares of ₹10 each. The shares have been subscribed at the face value of ₹10 per share. Adani Airport City Limited holds 100% of the shareholding in all three entities.

The newly incorporated subsidiaries will be engaged in real estate activities involving own or leased property. Their business scope includes construction of buildings carried out on own account basis or on a fee or contract basis, as well as the operation of hotels with integrated restaurants, banquets, and business centers. No governmental or regulatory approvals were required for the incorporation of these entities.

The incorporation was completed through cash consideration. The initial cost of subscription for each subsidiary was ₹10,00,000, with Adani Airport City Limited holding 100% of the shareholding in each entity.

These new subsidiaries are expected to enhance Adani Enterprises' presence in key airport city locations and contribute to the company's growth in the real estate sector. The strategic move aligns with Adani's broader vision to diversify and expand its business operations across various sectors, particularly in real estate and hospitality.

Adani Enterprises Limited is a leading diversified conglomerate with a strong presence in infrastructure, energy, and real estate. The company's expansion into real estate through these new subsidiaries is a significant step towards leveraging its existing assets and capabilities to create integrated, multi-use developments around major airports in India.

The incorporation of these subsidiaries is expected to have a positive impact on Adani Enterprises' competitive position in the real estate market. By focusing on airport city locations, the company aims to capitalize on the growing demand for integrated real estate solutions that combine commercial, residential, and hospitality elements.

In summary, Adani Enterprises Limited has taken a strategic step by incorporating three new subsidiaries to enhance its real estate portfolio. These entities will focus on developing integrated airport city projects, which are expected to drive growth and create value for the company in the long term.