Adani Enterprises, Navayuga Engineering incorporate subsidiary company

16 May 2020 Evaluate

Adani Enterprises and Navayuga Engineering Company have incorporated a new company namely ‘Vijayawada Bypass Project’ on May 15, 2020 in the ratio of 74:26. The company has incorporated a new subsidiary to carry out the development, maintenance and management of the project of six laning of Vijaywada Bypass from Gollapudi (Design Ch. 30+000) to Chinnakakani (design Ch. 47+881) including major bridge across river Krishna in Vijayawada Gundugolanu section of NH-16 under Bharatmala Pariyojana on Hybrid Annuity Mode (Pkg. IV).

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Adani Enterprises Share Price

2182.55 -637.65 (-22.61%)
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Company Name CMP
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Adani Enterprises 2182.55
Amrapali Industries 18.01
Rashi Peripheral 361.95
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