Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Insolation ....
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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 called JRD Green Infra Private Limited on 12th August 2025. JRD Green Infra will operate in the solar industry, focusing on solar power plant development, rooftop solar (RTS) projects, and renewable energy consultancy. The new entity has been set up with an authorized share capital of Rs. 1 Lakh, with Insolation Green Energy subscribing to 60% and two individuals — Payal Gupta (20%) and Ekta Jain (20%) — holding the rest. The company has not yet commenced business operations, and the initial investment is purely in cash.
A small, strategic move to expand deeper into the solar/renewable energy value chain through a new subsidiary. Financial impact is minimal given the tiny capital base (Rs. 1 Lakh), but it signals continued business expansion in solar for the Insolation Energy group.