Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Insolation Green Energy Private Limited, a wholly owned ....
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Awaiting price reaction for this filing.
Insolation Energy Ltd has informed the exchange that its wholly owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new wholly owned step-down subsidiary called PJGN Green Infra Private Limited on September 24, 2025. The new entity will act as a special purpose vehicle (SPV) for developing, constructing, and maintaining solar power plants, including rooftop solar projects. It has an authorized share capital of Rs. 1 lakh (10,000 equity shares of Rs. 10 each), fully subscribed by Insolation Green Energy, and has not yet started business operations. The step-down subsidiary is registered in Rajasthan and operates within the solar energy industry in India.
This is a positive expansion signal showing the company is actively building capacity in the solar energy segment, though the initial capital outlay is small and there will be no immediate impact on financials or stock price. Investors should watch for future updates on actual solar project awards and execution by this SPV.