
Adani Power Limited has announced the incorporation of a wholly owned subsidiary named Integrated Power Supply Limited (IPSL). The company disclosed the development through a regulatory filing under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations.
According to the filing, IPSL was incorporated on May 14, 2026, and the certificate of incorporation was received on May 16, 2026.
Integrated Power Supply Limited has been incorporated in India and will operate in the power sector. The newly formed entity is a wholly owned subsidiary of Adani Power Limited.
The company stated that IPSL’s business objective is to undertake activities related to trading, broking, agency and representation in electricity and other forms of energy from various sources.
The incorporation was completed through cash consideration. IPSL has been incorporated with an authorised share capital of ₹5 lakh, divided into 50,000 equity shares with a face value of ₹10 each.
Adani Power holds 100% shareholding in the subsidiary. The company also clarified that no governmental or regulatory approvals were required for the incorporation.
The incorporation of IPSL indicates Adani Power’s expansion into electricity trading and related energy market activities. The subsidiary’s proposed business includes dealing in various forms of power and energy solutions through trading and intermediary services.
Adani Power Limited shares were trading at ₹220.21 on May 18, 2026, at 11:25 AM IST, compared to the previous closing price of ₹221.33. The stock was down ₹1.12 or 0.51% during the session.
Integrated Power Supply Limited is a newly incorporated entity established by Adani Power Limited. The company is expected to operate in electricity and energy trading-related activities within the power sector.
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The incorporation of IPSL marks an expansion of Adani Power’s presence within the broader energy and electricity value chain. Market participants may continue tracking developments related to the subsidiary’s operational activities and strategic role within the Adani Power business structure.
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Published on: May 18, 2026, 11:30 AM IST

Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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