On May 18, the Adani group announced that it has entered in the sector of healthcare wherein it has been stated by the Adani Group that it has incorporated a fully-owned subsidiary for services connected with healthcare.
An exchange filing said that Adani Health Ventures Limited (AHVL) will conduct the business related to healthcare activities consisting of setting up medical and diagnostic facilities, as reported by Moneycontrol.
The exchange filing said “Adani Enterprises Limited has incorporated a WOS namely, Adani Health Ventures Limited, on 17th May 2022, with an initial authorized and paid-up share capital of Rs 1,00,000/- each to carry on the business of healthcare related activities including inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech based facilities, research centers and to do all other allied and incidental activities in this regard.” It also stated that AHVL will begin its business operation ‘in due course’.
