Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Insolation Green Energy Private Limited, a wholly ....
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Insolation Energy's wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, has incorporated two new wholly-owned subsidiaries — HEPJ Green Infra Pvt Ltd and RDPJ Green Infra Pvt Ltd — on 18th September 2025 in Rajasthan. Both will act as Special Purpose Vehicles (SPVs) for setting up solar power plants, including rooftop solar (RTS) photovoltaic projects covering development, construction, operation, and maintenance. Each SPV has an authorized share capital of ₹1 lakh (10,000 equity shares of ₹10 each), with no revenue or operations yet. The move signals the company's intent to expand its solar energy footprint through project-specific entities.
Positive directional signal for growth as the company is expanding its solar project pipeline via new dedicated SPVs, though no financial commitment or project scale has been disclosed yet. Shareholders should watch for follow-up announcements on project size, investment, and timelines.