Adani Enterprises incorporates subsidiary Pelma Collieries

Adani Enterprises Limited (AEL) has incorporated a wholly-owned subsidiary Pelma Collieries Limited (PCL).

The subsidiary has been incorporated with an initial authorised share capital of Rs 1,000,000 and paid-up share capital of Rs 500,000, interalia, to carry on business to develop, erect, and operate coal washery including coal handling systems and to do all necessary and incidental activities in this regard. PCL will commence its business operations in due course.