Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 (the Listing Regulations) : Incorporation of Subsidiary Company
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CLN Energy Ltd has incorporated a new subsidiary called CLNGreen Private Limited, which was approved by the Ministry of Corporate Affairs on September 23, 2025, in Uttar Pradesh. CLN Energy has subscribed to 5,100 equity shares at Rs. 10 each, totalling Rs. 51,000, giving it a 51% stake in the new entity. The subsidiary's authorized capital is Rs. 1,00,000 and it has not yet commenced business operations. CLNGreen will operate in the renewable energy space, focusing on solar, hydro, and energy storage systems, EPC projects, power generation, and related consultancy and trading activities.
This is a small, early-stage step into the renewable energy segment for CLN Energy. The investment amount is nominal (Rs. 51,000), so there is no immediate material financial impact, but it signals the company's intent to expand into clean energy, which could be a positive growth signal for shareholders if the subsidiary scales up operations.