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 Private Limited, has incorporated 9 new wholly-owned step-down subsidiaries (SPVs) on 10th September 2025. The SPVs are VNPG, JEMP, EVNJ, DGEJ, ENS, DMGN, PRJG, NSJG, and NEPG Green Infra Private Limited, all registered in Rajasthan. Each SPV has a small authorized share capital of Rs. 1 lakh (10,000 equity shares of Rs. 10 each), fully subscribed by Insolation Green Energy. The purpose is to act as special purpose vehicles for setting up solar power plants, including rooftop solar projects and renewable energy operations. No significant turnover or operations yet as these are newly incorporated entities.
Signals expansion of Insolation Energy's solar/renewable energy project pipeline through dedicated project vehicles. Minimal immediate financial impact due to small capital, but indicates active business development in the solar segment which could translate to future revenue growth if these SPVs secure and execute projects.