Adani Enterprises incorporates 2 wholly-owned subsidiaries

Adani Enterprises incorporates 2 wholly-owned subsidiaries
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Vizag Tech Park is yet to commence its business operations, it said.

Agencies
The subsidiaries will develop a data centre and business park, and carry out the development and maintenance of a road project in Telangana.

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NEW DELHI: Adani Enterprises on Wednesday said it has incorporated a wholly-owned subsidiary, Vizag Tech Park Ltd (VTPL), with an authorised share capital of Rs 5 lakh, to develop a data centre and business park.

"VTPL is incorporated with the object to develop and establish an 'integrated data centre park and technology/business park'," the company said in a filing to the BSE.

Vizag Tech Park is yet to commence its business operations, it said.

In another filing, the company said it has also incorporated a wholly-owned subsidiary, Koddad Khammam Road Pvt Ltd, to carry out development and maintenance of a road project in Telangana.

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