Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that our wholly owned subsidiary Company Insolation Green ....
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Insolation Energy Ltd announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has incorporated 11 new wholly-owned step-down subsidiaries (SPVs) on 30th September 2025. These SPVs — DVJG, GDRV, GNJM, GVHJ, HPJG, PDJN, EGHR, JENP, VJEG, NGRJ, and MGJR Green Infra Private Limited — have each been set up with an authorised share capital of Rs. 1 lakh and are intended to serve as special purpose vehicles for developing solar power plants. The SPVs will handle solar power plant development, erection, installation, construction, operation, maintenance, and rooftop solar (RTS) photovoltaic projects. Each SPV is 100% owned by Insolation Green Energy, which in turn is a wholly owned subsidiary of Insolation Energy Ltd.
This is a structural expansion of Insolation Energy's solar project execution capacity through dedicated SPVs, which could enable project-level financing and faster execution of solar projects. For shareholders, it signals aggressive growth plans in the solar/renewable energy space, though financial impact will depend on the scale of projects these SPVs eventually take up.