Adani Ports combines arms to trade in aviation-related fuels | Whuff News

Adani Ports and Special Economic Zone (APSEZ) on Thursday said it has incorporated a wholly owned subsidiary Adani Aviation Fuels Limited (AAFL) to carry out the business of sourcing, transportation, supply and trading of aviation fuel.

APSEZ in a BSE filing said that AAFL will start business operations in the near future.

“APSEZ incorporated WOS i.e., Adani Aviation FuelsLimited on September 29, 2022 with initial authorized share capital of Rs 5,00,000 and paid up share capital of Rs 5,00,000 each to, interalia, carry on the business of sourcing, transportation, supply. & trading of related fuels Aviation, building, developing, managing, maintaining, constructing, completing, acquiring infrastructure related to business in and outside India,” he said.

(Only the headlines and images of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from syndicated feeds.)

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