Adani Enterprises Forays into Ropeway Infrastructure with New Wholly-Owned Subsidiary

 

Adani Enterprises Forays into Ropeway Infrastructure with New Wholly-Owned Subsidiary

Ahmedabad, October 24, 2025 – Adani Enterprises Limited (AEL), the flagship incubator of the Adani Group, today announced a strategic move into the infrastructure sector with the incorporation of a new, wholly-owned subsidiary, Adani Ropeways Limited (ARL).

In a regulatory filing submitted to both the BSE Limited and the National Stock Exchange of India (NSE), the company confirmed that ARL was formally incorporated on October 23, 2025. This new entity is poised to become a key player in the development of modern ropeway systems across India.

Strategic Expansion into Urban and Tourism Mobility

According to the filing, the primary objective of Adani Ropeways Limited is to "undertake development and promotion of ropeway projects." The subsidiary will extend comprehensive assistance—including investment, financial, technical, and commercial support—for the development, construction, operation, and maintenance of ropeway infrastructure in the country.

This move aligns with the Indian government's push for alternative urban mobility solutions and enhancing connectivity in hilly and congested areas. Ropeways are increasingly seen as a sustainable, efficient, and space-saving mode of public transport, as well as a significant booster for tourism.

Corporate Structure and Initial Setup

The newly formed subsidiary has been established with a subscribed capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 each. As a 100% wholly-owned subsidiary, Adani Enterprises Limited holds the entire share capital of ARL.

The company clarified that the acquisition does not qualify as a related party transaction and that no promoters or group companies have any prior interest in the new entity. Adani Ropeways Limited is registered with the Registrar of Companies in Ahmedabad and is yet to commence business operations, reporting nil turnover for the past three years.

AEL’s Role as an Incubator

The establishment of Adani Ropeways Limited is a classic example of AEL's core business model: identifying and building new businesses that have the potential to become significant economic pillars. As the incubator for the Adani Group, AEL has a proven track record of developing successful enterprises in airports, data centers, and green hydrogen, among others, before spinning them off into independent entities.

Market Implications and Future Outlook

This foray into the ropeway sector signals the Adani Group's intent to tap into a niche but growing infrastructure segment in India. With several cities and states exploring ropeway projects to decongest traffic and improve transit, Adani Ropeways Limited is well-positioned to become a leading contractor and operator in this emerging market.

The announcement was signed by Mr. Jatin Jalundhwala, Company Secretary & Joint President (Legal) of Adani Enterprises Limited.

About Adani Enterprises Limited (AEL):
Adani Enterprises Limited (BSE: 512599, NSE: ADANIENT) is the flagship company of the Adani Group, one of India's largest integrated business conglomerates. AEL is the incubator for the group's core infrastructure businesses, focusing on developing new ventures in areas such as airports, roads, water infrastructure, data centers, and solar manufacturing. The company is headquartered at Shantigram, Ahmedabad, Gujarat.

This article is based on a regulatory filing dated October 24, 2025.

https://www.bseindia.com/xml-data/corpfiling/AttachLive/0337939c-3e68-4ca1-9318-2441d38ddc35.pdf