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 Ltd announced that its wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated 5 new wholly-owned step-down subsidiaries on October 3, 2025: EGRJ Green Infra, GJPN Green Infra, JGVR Green Infra, HGJP Green Infra, and PDGN Green Infra. These special purpose vehicles (SPVs) will be used for setting up solar power plants, including rooftop solar projects and other renewable energy power plants. Each SPV has an authorized share capital of Rs. 1,00,000 (1 Lakh), divided into 10,000 equity shares of Rs. 10 each, with 100% equity subscribed by Insolation Green Energy. The companies have not yet commenced business operations, and no prior turnover exists.
This is a strategic expansion in the solar energy segment, creating dedicated vehicles for upcoming solar power projects. While individually small in capital terms, the move signals the company's intent to scale its solar business through multiple SPVs, which could translate into project-level execution and revenue visibility over time. Short-term stock impact is likely neutral as no financials or projects are disclosed yet.