Adani Transmission – subsidiary for smart metering biz
After announcing the incorporation of its wholly-owned subsidiary BEST Smart Metering, Adani Transmission stock increased 1.6% on Wednesday.
10,000 equity shares, each worth Rs. 10, were purchased by Adani Transmission from BEST Smart Metering Ltd. for a total of Rs. 1 lakh.
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Adani Transmission
BSML was incorporated in Ahmedabad, Gujarat, but has not yet started doing business there.
The company’s shares were up 1.6% to Rs 2,543.05. at 14:40 on Wednesday.
The post Adani Transmission incorporates subsidiary for smart metering business, shares rise 1.6% appeared first on IndiaFrontline.
