Adani Enterprises forms wholly-owned arm for data centre infra

NEW DELHI: Adani EnterprisesNSE -0.14 % on Friday said it has formed a wholly-owned subsidiary with name DC Development Chennai Private Ltd (DDCPL) for data centre infrastructure.

The subsidiary has an authorised share capital of Rs 1 lakh.

“The company has incorporated a wholly-owned subsidiary namely, DDCPL,” the company said in a filing to the BSE.

The subsidiary will carry on the business of providing data center infrastructure — build, lease, maintain and operate services — in all its forms and perspectives.