Adani Renewable Energy Forty Eight Limited - Company Profile

It is a utilities public limited company based in Ahmedabad, Gujarat, India, established in 2022.

2022 Ahmedabad, Gujarat, India Amalgamated

Last Updated: July 21, 2025

About Adani Renewable Energy Forty Eight Limited

Adani Renewable Energy Forty Eight Limited, a amalgamated public limited company, was established on 11 October 2022 in Ahmedabad, Gujarat, India. Engaging in water supply within the utilities sector, it holds CIN: U40300GJ2022PLC136061. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹270.00 Cr and a paid-up capital of ₹178.01 Cr.

Its leadership includes Ashwin Laljibhai Kyada (Managing Director), Durgesh Kumar Gupta (Director), Divya (Company Secretary). Past directors included Jeewan Chandra Bhatt, Ashwin Laljibhai Kyada, Mayank Bharat Gala. It holds ₹2,842.00 Cr open charges and no settled loans. Its latest AGM occurred on 19 June 2024, with the balance sheet filed on 31 March 2024. It is based at Adani Corporate House, Shantigram, Near Vaishnodevi Circle, Sg Highway, Khodiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U40300GJ2022PLC136061
Registration Number
136061
Incorporation Date
11 October 2022
Authorized Capital
₹270.00 Cr
Paid-Up Capital
₹178.01 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 270.00 Cr as on 21-07-2025
Paid Up Capital ₹ 178.01 Cr as on 21-07-2025
Company Age 3 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2,842.00 Cr as on 21-07-2025

Comprehensive Company Insights

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Who are the key members and board of directors at Adani Renewable Energy Forty Eight Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashwin Laljibhai Kyada	Managing Director	11 Oct 2022	Current
Durgesh Kumar Gupta	Director	14 Mar 2024	Current
Divya	Company Secretary	13 Sep 2024	Current
Ashish Maheshwari	Additional Director	13 Sep 2024	Current
Krupali Kundanlal Trivedi	Additional Director	18 Nov 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Sep 2024	Past
Pramod Abcsdd	Director	17 Nov 2024	Past
Pramod Abcsdd	Director	14 Mar 2024	Past
Pramod Abcsdd	Additional Director	18 Jun 2024	Past

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Financial Performance of Adani Renewable Energy Forty Eight.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Adani Renewable Energy Forty Eight?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹28,420,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 2842.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Mar 2024	Others	₹2,842.00 Cr	Open

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How Many Employees Work at Adani Renewable Energy Forty Eight?

Adani Renewable Energy Forty Eight has a workforce of 0 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Adani Renewable Energy Forty Eight

Recent Activity within the Organization

Director Appointment

Progress on Krupali Kundanlal Trivedi was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2024 & has been associated with this company since 1 year 3 months . was documented.
18 Nov 2024
Director Appointment

Divya Garg was appointed as a Company Secretary was appointed as a Company Secretary on 17 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
17 Sep 2024
Director Appointment

Divya was appointed as a Company Secretary was appointed as a Company Secretary on 13 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
13 Sep 2024
Director Appointment

The activity Ashish Maheshwari was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.
13 Sep 2024
Annual General Meeting

Progress on Adani Renewable Energy Forty Eight Limited last Annual general meeting of members was held on 19 Jun 2024 as per latest MCA records. was documented.
19 Jun 2024
Balance Sheet

Progress on Adani Renewable Energy Forty Eight Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
31 Mar 2024

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