Adani Road Transport (ARTL) has incorporated a wholly-owned subsidiary Kagal Satara Road (KSRPL).
The newly incorporated subsidiary has been incorporated with an initial authorised and paid-up share capital of Rs one lakh each.
The company will carry out development, operation, maintenance and management of six-laning of Kagal-Satara section of NH-48 (old NH-4) [Package-II from 658.000 km to 725.000 km] in the state of Maharashtra to be executed on BOT (Toll) mode under Bharatmala Pariyojana and all necessary and incidental activities.