Adani Enterprises Ltd forms wholly owned subsidiary DC Development Chennai Private Limited

Adani Enterprises Ltd has incorporated a wholly owned subsidiary namely, DC Development Chennai Private Limited (DDCPL), on 21st May, 2020. DDCPL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 21st May, 2020 and is yet to commence its business operations.

DDCPL will carry on the business of providing Data Center infrastructure build, lease, maintain and operate services in all its forms and perspectives and to undertake all such activities as are connected, linked or associated with Land Acquisition, Land Assessment & Due Diligence, Land Development, Design & Engineering, Civil & other Construction related, Mechanical, Electrical, Plumbing, Power Management, Infrastructure Management, Security Management, Networking & network management, Data Center Operations & Management, Data Communication, Managed Services, Recruitment and Marketing and other related services.

DDCPL is yet to commence its business operations.

Shares of ADANI ENTERPRISES LTD. was last trading in BSE at Rs.138 as compared to the previous close of Rs. 138.35. The total number of shares traded during the day was 108155 in over 1008 trades.

The stock hit an intraday high of Rs. 141.15 and intraday low of 136.85. The net turnover during the day was Rs. 14981148.

Source : Equity Bulls

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