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Adani merges two green energy subsidiaries with Adani New Industries

Adani Group has merged two step-down subsidiaries with green hydrogen and wind turbine manufacturing firm Adani New Industries Ltd. (ANIL), according to a stock exchange filing on Wednesday (October 2, 2024).

“Adani Infrastructure Private Limited and Mundra Solar Technology Limited stand amalgamated with Adani New Industries Limited, a wholly-owned subsidiary of the company,” Adani Enterprises Ltd. (AEL), the group’s flagship firm said in the filing.

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