Adani Airport City Limited Incorporates Four New Wholly Owned Subsidiaries
Adani Airport City Limited, a step-down wholly owned subsidiary of Adani Enterprises Ltd, has successfully incorporated four new wholly owned subsidiaries. The information regarding this incorporation was received by the parent company on April 11, 2026, at 03:20 PM IST.The newly established entities are Adani Mangaluru Airport City Limited (AMACL), Adani Jaipur Airport City Limited (AJACL), Adani Lucknow Airport City Limited (ALACL), and Adani TRV Airport City Limited (ATACL). All four subsidiaries are wholly owned by Adani Airport City Limited, which itself is a step-down wholly owned subsidiary of Adani Enterprises Ltd.
Details of New Entities
The incorporation details for AMACL, AJACL, ALACL, and ATACL reveal consistent structures across the four new subsidiaries:- Adani Mangaluru Airport City Limited (AMACL) was incorporated on April 8, 2026.
- Adani Jaipur Airport City Limited (AJACL) was incorporated on April 8, 2026.
- Adani Lucknow Airport City Limited (ALACL) was incorporated on April 9, 2026.
- Adani TRV Airport City Limited (ATACL) was incorporated on April 9, 2026.
These new subsidiaries are primarily set to operate in the Real Estate Activities sector. Their line of business involves engaging in real estate activities using own or leased property, including the construction of buildings. Furthermore, their operations will encompass Hotels and Motels, and resorts that provide short term lodging facilities, executed either on an own account basis or on a fee or contract basis.
Financial Structure and Ownership
The incorporation details confirm that the transaction involved cash consideration. Regarding the capital structure of the new entities, AMACL, AJACL, ALACL, and ATACL were each incorporated with a paid-up share capital of ₹ 10,00,000. This capital comprises 1,00,000 equity shares, with each share subscribed at the face value of ₹ 10/-.Adani Airport City Limited holds 100% of the shareholding in AMACL, AJACL, ALACL, and ATACL, affirming complete control by the step-down subsidiary of Adani Enterprises Ltd.
For a detailed overview of the newly incorporated subsidiaries and their capitalization, the following table summarizes the key financial aspects:
| Subsidiary Name | Date of Incorporation | Paid-up Share Capital | Equity Shares | Subscription Price |
|---|---|---|---|---|
| AMACL | April 8, 2026 | ₹ 10,00,000 | 1,00,000 | ₹ 10/- per share |
| AJACL | April 8, 2026 | ₹ 10,00,000 | 1,00,000 | ₹ 10/- per share |
| ALACL | April 9, 2026 | ₹ 10,00,000 | 1,00,000 | ₹ 10/- per share |
| ATACL | April 9, 2026 | ₹ 10,00,000 | 1,00,000 | ₹ 10/- per share |
ADANIENT Stock Price Movement
On Friday, Adani Enterprises Limited shares edged higher to close at ₹2086.8, marking a gain of 2.29%. The stock saw significant activity, trading on a volume of 1.70 million shares.Source:
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