Adani Enterprises has announced that it has formed a wholly-owned subsidiary with name DC Development Chennai Private Ltd (DDCPL). It is for data center infrastructure. The subsidiary has an authorised share capital of Rs 1 lakh.
In a filing to BSE, the company said, “The company has incorporated a wholly-owned subsidiary namely, DDCPL.” The subsidiary will carry on the business of providing data center infrastructure — build, lease, maintain and operate services in all its forms and perspectives.
It will also look after activities associated with land acquisition, land assessment and due diligence, land development, design and engineering, civil and other construction related, mechanical, electrical, plumbing, power management, infrastructure management etc. The company is yet to commence operations.
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