Rudra Gas Enterprise Limited has invested Rs 3.50 crore in its subsidiary, Rudra Global Green Energy Private Limited, to support the execution of existing and future tenders. The investment was made through the allotment of 35,00,000 fully paid-up equity shares at a face value of Rs 10 each. Following this transaction, the parent company's shareholding in the subsidiary stands at 50.95%.

The disclosure was made to BSE Limited on July 20, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction was classified as a related party transaction, conducted at arm's length, with the company's interest limited to the extent of its shareholding.

Rudra Global Green Energy Private Limited was incorporated on January 3, 2025. The subsidiary is engaged in the business of manufacturing, trading, and distributing solar and renewable energy products, including solar water heaters and energy conservation systems. Its turnover for the year ended March 31, 2025, was Rs NIL.

The post-allotment paid-up capital of the subsidiary increased to Rs 6.88 crore. The company reported a turnover of Rs 3.22 crore as on March 31, 206. No specific governmental or regulatory approvals were required for this acquisition, as the shares were allotted on the same day.

Investment Details

The subsidiary focuses on renewable energy services, utilizing non-conventional sources such as wind, solar, hydro, and biomass. The investment aims to strengthen the capital base to facilitate operational requirements and tender execution.

Rudra Gas Enterprise Limited has expanded its business operations by incorporating a wholly-owned subsidiary, Rudra Bio Energy Private Limited, on June 20, 2026. The strategic move aims to diversify the company's portfolio into the bio fuel sector, enabling it to share resources and expertise to improve overall performance. The Certificate of Incorporation was received on June 23, 2026, from the Ministry of Corporate Affairs (MCA), Government of India.

The company has subscribed to 51% of the paid-up share capital of the new subsidiary, amounting to an investment of ₹51,000. This subscription comprises 5,100 equity shares with a face value of ₹10 each. The transaction does not fall under related party transactions, and the promoter group has no interest in the newly incorporated entity.

Rudra Bio Energy Private Limited is yet to commence business operations. The subsidiary's primary objective involves the manufacturing, processing, and commercialization of various bio fuels, including oxygen, acetylene, ammonia, hydrogen, and ethanol. The entity will also engage in the import, export, and trading of these products for industries, agriculture, and transport sectors.

Investment and Shareholding Details

The following table outlines the financial details of the incorporation:

The Board of Directors of Rudra Gas Enterprise Limited approved the incorporation to expand the business horizon and achieve common goals. The new subsidiary will operate independently while leveraging the parent company's resources. No specific governmental or regulatory approvals were required for this incorporation beyond standard MCA procedures.