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 a new step-down subsidiary named VJMG Green Infra Private Limited on 8th August 2025. The new entity will operate in the solar industry, focusing on solar power plant development, rooftop solar projects, and renewable energy consultancy. It was set up with a small authorised capital of Rs. 1 lakh, with Insolation Green Energy subscribing to 60% of the equity, and two individuals — Payal Gupta and Ekta Jain — holding 20% each. The company has not yet started business operations and the cash consideration involved is just Rs. 1 lakh. The purpose appears to be expanding the group's presence in the solar and renewable energy space.
This is a very small, early-stage step-down subsidiary incorporation with negligible capital deployed (Rs. 1 lakh), so it is unlikely to have any immediate material impact on the stock. However, it signals the company's continued intent to grow in the solar/renewable energy segment, which could be worth tracking for future developments.