Oriana Power Limited has expanded its operational footprint by incorporating SolarEdge Energy Private Limited as a step-down subsidiary. The new entity, incorporated on May 14, 2026, will focus on the generation of any kind of power or electric energy. This strategic move aims to bolster the company's presence in the power sector through a dedicated vehicle for energy generation projects.

The Certificate of Incorporation was issued by the Ministry of Corporate Affairs on May 14, 2026, and received by the company on May 19, 2026. The disclosure was made to the National Stock Exchange of India in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SolarEdge Energy Private Limited is a wholly owned subsidiary of OPL Solar Services Private Limited, which is itself a wholly owned subsidiary of Oriana Power Limited . The transaction involves a cash consideration, with shares acquired at par.

The newly incorporated entity has an authorized capital of ₹100,000, divided into 10,000 equity shares of ₹10 each. As the company is yet to commence business operations, its current turnover is nil. No specific governmental or regulatory approvals were required for this incorporation.

Key Details of SolarEdge Energy Private Limited

Oriana Power Limited has incorporated BESSCORE STORAGE PRIVATE LIMITED as a step-down subsidiary. The Certificate of Incorporation was issued by the Ministry of Corporate Affairs on May 19, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

BESSCORE STORAGE PRIVATE LIMITED is a wholly owned subsidiary of OPL Bess Services Private Limited, which in turn is a wholly owned subsidiary of Oriana Power Limited. The incorporation was completed through a cash consideration at par.

Subsidiary Details

The newly incorporated entity will operate in the sector of generation of any kind of power or electric energy. As the company is yet to commence business operations, its current turnover is nil. The subsidiary is incorporated in India.

The primary object of the acquisition is to deal in the generation of power or electric energy. No specific governmental or regulatory approvals were required for this incorporation.