Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform the 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 four new wholly-owned step-down subsidiaries on 15th September 2025. The four SPVs are DEGP Green Infra Pvt Ltd, MJEV Green Infra Pvt Ltd, EGPN Green Infra Pvt Ltd, and PHDJ Green Infra Pvt Ltd, all registered in Rajasthan. Each SPV has an authorised share capital of Rs. 1 lakh divided into 10,000 equity shares of Rs. 10 each, with 100% equity subscribed by Insolation Green Energy Pvt Ltd. The SPVs have been set up as special purpose vehicles to develop solar power plants, including rooftop solar (RTS) projects, and renewable energy consulting and O&M work. No business operations have commenced yet, and total cash consideration per SPV is Rs. 1 lakh.
This is a routine corporate restructuring step to create dedicated entities for upcoming solar power projects, signalling the company's intent to expand in the solar energy segment. For shareholders, it reflects ongoing capacity-building but is too small in financial terms to materially affect the stock; impact will depend on the size of solar projects these SPVs eventually secure.