Incorporation of M/s EKI Greengas Solutions Private Limited as Wholly Owned Subsidiary of the Company
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EKI Energy Services Ltd has incorporated a new wholly owned subsidiary named EKI Greengas Solutions Private Limited on September 20, 2025, based in Madhya Pradesh. The new entity will operate in the renewable energy space, focusing on manufacturing, trading, and distribution of biogas, biomass, biochar, carbon capture, and related consulting services. EKIESL subscribed to 1,00,000 equity shares at face value of Rs. 10 each, totaling Rs. 10 lakhs (paid-up capital), out of an authorized capital of Rs. 15 lakhs. The subsidiary has not yet commenced business and is not classified as a related party transaction since it became related only after incorporation.
This is a small greenfield subsidiary (Rs. 10 lakh investment) expanding EKI's footprint into the biogas and broader clean energy value chain. For shareholders, it signals the company's strategic intent to diversify into newer renewable segments, though the scale is too small to materially impact near-term financials.