17 Jun 2019 | 5:10 AM

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Adani Enterprises incorporates a new subsidiary Prayagraj Water
  Adani Enterprises Ltd. | 14 Jun 2019 | 04:01 PM
Published on 12-28-2018
Adani Enterprises Ltd said Thursday it has incorporated a new subsidiary Prayagraj Water Pvt Ltd.


The subsidiary was formed on December 26 with an authorised and paid-up share capital of Rs 100000 and is yet to commence its operations the company said in a BSE filing.


Adani Enterprises has a 74 per cent stake in the subsidiary while wastewater treatment solutions provider ORGANICA Technologies Pvt Ltd has the rest 26 per cent according to the filing.


The subsidiary would undertake development and rehabilitation of sewage treatment plants and its associated infrastructure on HAM mode basis at Prayagraj (Allahabad) it said.