Adani Green Energy Sets Up Global Treasury Unit in Gift City
By ThePip Desk•
Modern high-rise building in Gift City, Gandhinagar, Gujarat.
Key Highlights
Adani Green Energy Ltd (AGEL) establishes Adani Global IFSC Limited in Gift City, Gujarat, to centralize global treasury operations and optimize financial management.
Adani Green Energy Establishes Global Treasury Centre
Adani Green Energy Ltd (AGEL) has incorporated a new wholly-owned subsidiary, Adani Global IFSC Limited, to centralize its global treasury operations.
The new entity will function as a Global Treasury Centre from Gift City, Gandhinagar, Gujarat, operating under the IFSCA (Finance Company) Regulations, 2021.
Key Details of the New Subsidiary
- Subsidiary Name: Adani Global IFSC Limited
- Incorporation Date: June 03, 2026
- Certificate Received: June 12, 2026
- Location: Gift City, Gandhinagar, Gujarat
- Ownership: 100% by AGEL
- Authorized Capital: INR 5,00,000
- Approvals: No additional governmental or regulatory approvals were required for its establishment.
Strategic Move for Financial Optimization
This strategic initiative aims to centralize AGEL’s treasury activities, significantly enhancing financial management and optimizing liquidity within the International Financial Services Centre (IFSC) framework.