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 ....
INA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Insolation Energy Ltd announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has incorporated two new wholly owned step-down subsidiaries — GRMJ Green Infra Private Limited and RJGM Green Infra Private Limited — on 7th October 2025. Both entities are Special Purpose Vehicles (SPVs) set up to develop, build, operate, and maintain solar power plants, including rooftop solar projects and other renewable energy ventures in India. Each SPV has been incorporated with an authorised share capital of Rs. 1 lakh (10,000 equity shares of Rs. 10 each), with 100% subscription by Insolation Green Energy. The companies are newly incorporated and have not yet commenced business operations.
This is a positive structural expansion for Insolation Energy, signalling the company's intent to scale up its solar power project pipeline through dedicated SPVs, which could support future revenue growth in the renewable energy segment. However, the initial capital outlay is minimal, so there is no immediate material financial impact on shareholders.