Adani Power's Subsidiary Incorporates New Entity for Nuclear Energy Sector
Adani Atomic Energy Limited (AAEL), a wholly owned subsidiary of Adani Power Limited, has established a new wholly-owned subsidiary named Rawatbhata-Raj Atomic Energy Limited (RRAEL). RRAEL was incorporated on April 20, 2026.The new entity, RRAEL, operates within the Nuclear Energy sector with a defined line of business: generating, transmitting, and distributing power derived from nuclear and/or atomic energy. The incorporation was funded through cash consideration.
The ownership structure confirms that RRAEL is a wholly owned subsidiary of AAEL, which is in turn wholly owned by Adani Power Limited.
Key details regarding the newly incorporated subsidiary are as follows:
| Particulars | Details |
|---|---|
| Name of Entity | Rawatbhata-Raj Atomic Energy Limited (RRAEL) |
| Incorporation Date | April 20, 2026 |
| Industry | Nuclear Energy |
| Purpose | Generate, transmit, and distribute power derived from nuclear and/or atomic energy. |
| Nature of Consideration | Cash |
| Authorized Capital | Rs. 5,00,000/- (50,000 equity shares of Rs. 10 each) |
| Shareholding | 100% held by AAEL (and 100% indirectly by Adani Power Limited). |
ADANIPOWER Stock Price Movement
On Monday, Adani Power Limited shares edged higher to close at ₹200.83, gaining 0.50% amid strong market conviction. The stock saw significant trading volume of 81.88 million shares and finished strongly toward its 52-week high of ₹207.5.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.