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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Insolation Energy Ltd has informed the BSE that its wholly owned subsidiary, Insolation Green Energy Pvt Ltd, has incorporated three new wholly-owned subsidiaries on 16 September 2025: GNVP Green Infra Pvt Ltd, MGPE Green Infra Pvt Ltd, and PRMJ Green Infra Pvt Ltd. Each SPV has an authorised share capital of ₹1 lakh (10,000 equity shares of ₹10 each), with 100% subscribed by Insolation Green Energy. These SPVs are being set up specifically as vehicles to develop, build, operate, and maintain solar power plants, including rooftop solar photovoltaic projects. The newly incorporated entities have not yet commenced business operations and are based in India, registered in Rajasthan.
This is a structural expansion into solar power development at the subsidiary level, signalling the company's push to scale its renewable energy footprint. However, the capital deployed is minimal (₹1 lakh per SPV) and no specific project size or revenue impact has been disclosed yet, so the near-term effect on the stock is likely neutral.