KBC Global Limited has informed regarding Disclosure of material issue
DHARAN · price
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The Board of Directors of Dharan Infra-EPC Limited (formerly KBC Global Limited) approved the incorporation of a wholly owned subsidiary named 'Dharan Infra Solar Private Limited' on June 13, 2025. The new subsidiary will be based in Nashik, Maharashtra, and will operate in the renewable energy and solar power sector, covering manufacturing, trading, and operation of solar power projects and hybrid renewable systems. Dharan Infra-EPC will subscribe 100% of the initial paid-up share capital, amounting to Rs. 1,00,000 (10,000 equity shares of Rs. 10 face value at par). No governmental or regulatory approvals are required for the incorporation, and the company is yet to be formally incorporated.
This is a small, routine diversification step into the solar/renewable energy space. The initial capital commitment is minimal (Rs. 1 lakh), so there is no immediate material impact on shareholders, though it signals management's intent to expand into the green energy segment.