Adani Transmission incorporates arm for smart meter business

Adani Transmission Limited has formed a subsidiary, BEST Smart Metering Limited (BSML), to undertake the smart meter business.

BSML is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on December 27, 2022 and is yet to commence its business operations. Adani Transmission has the 100 per cent equity of Rs 100,000 divided into 10,000 equity shares of Rs 10 each.