KPI Green Energy incorporates new wholly owned subsidiary KPGC One
KPIGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
KPI Green Energy has incorporated a wholly owned subsidiary, KPGC One Private Limited, on June 18, 2026, in Ahmedabad. The new entity, focused on renewable energy, has an authorized and subscribed capital of Rs 1 Lakh. KPI Green holds 100 percent shareholding, acquired for a cash consideration of Rs 1 Lakh. Operations are yet to commence. The subsidiary will handle generation, storage, transmission, and distribution of energy from conventional and renewable sources including solar, wind, hydro, biomass, and thermal.
Minor capital outlay to set up a new renewable energy arm. Not financially material now, but supports the company's expansion plans in the energy space.