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Informist, Monday, Mar. 16, 2026

 

--NCLT approves merger of Adani Green Tech, Adani Emerging into Adani Ent 

--NCLT OKs merger of Adani Ent arm Adani Tradecom into Adani New Industries

 

NEW DELHI – The Ahmedabad bench of the National Company Law Tribunal Monday approved the merger of Adani Green Technology Ltd., Adani Emerging Businesses Pvt. Ltd. into Adani Enterprises Ltd. It also approved Adani Enterprises' wholly owned subsidiary Adani Tradecom Ltd.'s merger into its another arm Adani New Industries Ltd.

 

Adani New Industries was incorporated as a vehicle to incubate, develop and build the largest integrated platform for production of green hydrogen through an end-to-end supply value chain. Adani New Industries, under Adani Enterprises, was structured to serve as parent company for generation of green hydrogen and related downstream products, along with backward integration of renewable energy component manufacturing. 

 

The green hydrogen ecosystem has three business streams – manufacturing of supply chain products, green hydrogen generation and downstream products. It is the objective of Adani Enterprises to consolidate, over a period of time, the green hydrogen ecosystem under one entity, namely Adani New Industries, which will diligently and independently work for development and production of various renewable energy components and green hydrogen, according to the scheme of merger.

 

The merger will help in consolidation of green hydrogen ecosystem, productive utilisation of combined resources, operational and administrative efficiencies, economics of scale, reduction in overheads and other expenses, reduction in the multiplicity of legal and regulatory compliances, and consequential creation of greater value for shareholders and all other stakeholders, said the scheme. It will also help in the availability of expanded business pre-qualifications, increased business capacity to enable to build larger and more complex projects and provide better access to the funds for growth opportunities, the scheme added.

 

Adani Green Technology is an arm of Adani Tradecom and a step-down subsidiary of Adani Enterprises. Adani Green Technology holds 51% of the paid-up equity share capital of Mundra Solar PV Ltd. It also holds 100% of the paid-up equity share capital of Mundra Solar Ltd. 

 

Adani Emerging Businesses is fully held by Adani Enterprises and holds 49% of the paid-up equity share capital of Mundra Solar PV. It also holds investments in Mundra Solar PV.

 

Adani Enterprises is in the business of integrated resources management, mining services and other trading activities. It acts as an incubator, establishing new businesses in various areas like the energy ecosystem, data center, airports, roads and primary industries like copper and petrochem.

 

Adani Tradecom holds 74% of the paid-up equity share capital of Mundra Solar Energy Ltd. It is in the business of manufacturing solar photovoltaic modules and solar cells. 

 

Adani New Industries is engaged in the business of developing end-to-end solutions to produce green hydrogen and its associated derivatives. It was earlier called Mundra Windtech Ltd. However, its name was changed to the current one in 2023. 

 

At 1122 IST, the shares of Adani Enterprises Ltd. were up 0.5% at INR 1,971.00 on the National Stock Exchange.  End 

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Surya Tripathi

Edited by Deepshikha Bhardwaj

 

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