Adani Energy Solutions shares in focus as arm incorporates new subsidiary ATSOL Global

Adani Transmission Step-One holds a 100% equity stake in the newly-incorporated ATSOL Global, the company said in a regulatory filing dated Monday.

It added that Adani Transmission Step-One subscribed to 50,000 equity shares with a face value of ₹10 each in ATSOL Global via cash consideration.

ATSOL Global, incorporated in Gift City, Gujarat, will carry out the activities of Global Treasury Centre, as permitted under the IFSCA (Finance Company) Regulations, 2021, the filing stated.

The newly incorporated firm was registered with the Registrar of Companies, Gujarat on December 22, 2025, with Adani Energy receiving the MCA intimation(s) regarding the incorporation on Monday at about 3:51 pm IST.

Adani Energy Solutions stock performance

Shares of Adani Energy Solutions closed 2.18% higher at ₹1,009.80 per unit on the National Stock Exchange (NSE) on Monday, December 22. However, the development was announced after the market closed.

The scrip has lost nearly 1% in the past week but gained nearly 4% over the month. On a year-to-date basis, it has increased more than 25%.

While the stock touched a 52-week high of ₹1,050 on November 14, 2025, it reached a year’s low of ₹639.45 per equity share on March 3, 2025.

Q2 Results

The energy company reported a 20.9% year-on-year (YoY) decline in its consolidated net profit to ₹533.97 crore for the September quarter of FY26, mainly due to one-time adjustment of deferred tax of ₹314 crore in the year-ago period. In the year-ago period, the company had logged a profit of ₹674.96 crore.

Its revenue from operations surged 6.66% annually to ₹6,595.83 crore during the quarter under review, compared to ₹6,183.70 crore in the second quarter of FY25.

Adani Energy Solutions has a total market capitalisation of ₹1.21 lakh crore, as of December 22, 2025, according to data on the NSE.