Mumbai, April 13 -- The newly incorporated entities - AMACL, AJACL, ALACL, and ATACL - were formed on April 8 and April 9, 2026. All four subsidiaries are based in India and are wholly owned by Adani Airport City, which is a step-down wholly owned subsidiary of Adani Enterprises.

The companies will be engaged in real estate activities involving owned or leased properties, construction of buildings on an own-account or contract basis, as well as development and operation of hotels, motels, and resorts offering short-term lodging facilities.

Each of the four subsidiaries has been incorporated with a paid-up share capital of Rs 10 lakh, comprising 1 lakh equity shares of Rs 10 each, subscribed at face value.

Adani Enterprises clarified th...