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's wholly owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new step-down subsidiary named GNPR Green Infra Private Limited on 24th September 2025. The new entity has been set up as a Special Purpose Vehicle (SPV) specifically to develop, build, operate, and maintain solar power plants, including rooftop solar projects. It was incorporated with a small authorized share capital of Rs. 1 lakh (10,000 equity shares of Rs. 10 each), fully subscribed by Insolation Green Energy with cash consideration. The SPV is yet to commence business operations and has no turnover or prior history. The entity is registered in India and falls within the solar/renewable energy industry.
This is a routine corporate restructuring step to create a dedicated project vehicle for upcoming solar ventures. The initial capital commitment is negligible (Rs. 1 lakh), so there is no immediate financial impact on shareholders. The move signals management's intent to pursue new solar power projects, which could be a mild positive if future orders are awarded to this SPV.