Adani Enterprises Arm Forms Cable Joint Venture with Praneetha Ventures

MT Newswires Live

2025/03/20

Kutch Copper, a wholly-owned subsidiary of Adani Enterprises (NSE:ADANIENT, BOM:512599), incorporated a joint venture in India with Praneetha Ventures named Praneetha Ecocables.

Kutch Copper and Praneetha Ventures each hold a 50% stake in the JV, according to a Wednesday filing to the Indian stock exchanges.

Praneetha Ecocables will deal in the manufacturing, marketing, distribution, buying, and selling of metal products, cables, and wires.

Price (INR): ₹2331.85, Change: ₹+13, Percent Change: +0.57%

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