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News Topical, Digital Desk : Adani Green Energy, an Adani Group company, informed after the stock market closed on Friday that the company has formed two new 2 subsidiaries Adani Ecogen One Limited and Adani Ecogen Two Limited to expand its renewable energy business. The company said in the information given to the exchange that Adani Renewable Energy Holding Eleven Limited (AREH11L), which is a wholly owned subsidiary of the company, has established two new wholly owned subsidiaries on 19 September 2025.

What will the companies do?

The primary objective of these two companies is to generate, develop, transform, distribute, transmit, sell, and supply power or any form of electrical energy using wind energy, solar energy, and other renewable sources. AREH11L owns 100% of the share capital of both companies. AE1L and AE2L were incorporated in India and registered with the Registrar of Companies in Ahmedabad, Gujarat, on September 19, 2025. Share Performance: Adani Green Energy shares closed at ₹1,032.50 on Friday, up 5.48%. The company's stock has declined 47.40% in the past year. 


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