Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, we would like to inform that Insolation Green ....
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Insolation Energy Ltd announced that its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, has incorporated a new step-down subsidiary called PED Green Infra Pvt Ltd on August 12, 2025. The new entity will operate in the solar industry, focusing on solar power plant development, rooftop solar photovoltaic projects, and renewable energy consultancy. PED Green Infra has an authorised share capital of Rs. 1 lakh, with Insolation Green Energy subscribing to 60% and two individuals (Mrs. Payal Gupta and Mrs. Ekta Jain) holding 20% each. The company has just been incorporated and has not yet commenced business operations.
The financial impact is minimal given the small initial capital of Rs. 1 lakh, but this move expands Insolation Energy's footprint in the solar and renewable energy space through a step-down subsidiary structure, potentially setting the stage for future solar project execution.