Adani Renewable Energy Forty Four Limited - Company Profile

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

2022 Ahmedabad, Gujarat, India Active

Last Updated: January 06, 2026

About Adani Renewable Energy Forty Four Limited

Adani Renewable Energy Forty Four Limited, a active public limited company, was established on 11 October 2022 in Ahmedabad, Gujarat, India. Engaging in water supply within the utilities sector, it holds CIN: U40300GJ2022PLC136062. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Kiran Kesavan Ramachandran (Director), Abhishek Bharatkumar Shah (Director), Mrugen Maheshkant Mankad (Director). Past directors included Kiran Kesavan Ramachandran, Manish Gupta, Mrugen Maheshkant Mankad. Its latest AGM occurred on 20 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram, Near Vaishnodevi Circle, Sg Highway,Khodiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U40300GJ2022PLC136062
Registration Number
136062
Incorporation Date
11 October 2022
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 06-01-2026
Paid Up Capital ₹ 0.10 M as on 06-01-2026
Company Age 3 Year, 4 Months
Last Filing with ROC 31 Mar 2025

Comprehensive Company Insights

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

Current Directors

Name	Designation	Appointment Date	Status
Kiran Kesavan Ramachandran	Director	14 Mar 2023	Current
Abhishek Bharatkumar Shah	Director	11 Oct 2022	Current
Mrugen Maheshkant Mankad	Director	24 Jun 2023	Current
Divan Girishbhai Raimagia	Additional Director	03 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	12 Jul 2023	Past
Pramod Abcsdd	Director	14 Mar 2023	Past
Pramod Abcsdd	Additional Director	12 Jul 2023	Past
Pramod Abcsdd	Director	24 Jun 2023	Past

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Financial Performance of Adani Renewable Energy Forty Four.

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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 Four?

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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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How Many Employees Work at Adani Renewable Energy Forty Four?

Adani Renewable Energy Forty Four has a workforce of 0 employees as of Apr 05, 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 Four

Recent Activity within the Organization

Director Appointment

The activity Divan Girishbhai Raimagia was appointed as a Additional Director was appointed as a Additional Director on 03 Sep 2025 & has been associated with this company since 5 months 28 days . was completed.
03 Sep 2025
Annual General Meeting

Progress on Adani Renewable Energy Forty Four Limited last Annual general meeting of members was held on 20 Jun 2025 as per latest MCA records. was documented.
20 Jun 2025
Balance Sheet

Adani Renewable Energy Forty Four Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Mrugen Maheshkant Mankad was appointed as a Director was appointed as a Director on 24 Jun 2023 & has been associated with this company since 2 years 8 months . was completed.
24 Jun 2023
Director Appointment

The activity Kiran Kesavan Ramachandran was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.
14 Mar 2023
Director Appointment

Abhishek Bharatkumar Shah was appointed as a Director was appointed as a Director on 11 Oct 2022 & has been associated with this company since 3 years 4 months . was recorded as a recent event.
11 Oct 2022

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