Insolation Energy Limited has announced a strategic move to strengthen its position in the solar energy sector. The company's wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new entity named PJGN Green Infra Private Limited on September 24, 2025. This step-down subsidiary is set to focus on solar power plant development and related services.

New Subsidiary Details

PJGN Green Infra Private Limited has been established as a special purpose vehicle (SPV) with an authorized share capital of Rs. 1.00 lakh, divided into 10,000 equity shares of Rs. 10.00 each. The new entity is wholly owned by Insolation Green Energy Private Limited, making it a step-down subsidiary of Insolation Energy Limited.

Business Focus

The newly formed SPV will engage in various aspects of the solar power industry, including:

• Solar power plant development
• Erection, installation, and construction of solar facilities
• Operation and maintenance of solar power plants
• Consultancy services for renewable energy power plants
• Design, supply, and commissioning of rooftop solar photovoltaic projects

Financial and Regulatory Aspects

• The incorporation was completed through a cash consideration of Rs. 1.00 lakh.
• PJGN Green Infra Private Limited is registered with the Corporate Identification Number (CIN) U43222RJ2025PTC106873.
• As a newly incorporated entity, the company has yet to commence business operations and generate turnover.

Strategic Implications

This move by Insolation Energy Limited demonstrates the company's commitment to expanding its presence in the renewable energy sector, particularly in solar power. By creating a dedicated SPV for solar projects, the company aims to streamline its operations and potentially capitalize on the growing demand for solar energy solutions in India.

Regulatory Compliance

The incorporation of PJGN Green Infra Private Limited has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This ensures transparency and keeps shareholders informed about significant developments within the company structure.

As the renewable energy sector continues to grow, Insolation Energy's strategic expansion through this new subsidiary positions the company to potentially capture a larger share of the solar power market in India.

Insolation Energy Limited has taken a significant step towards expanding its solar energy portfolio. The company's wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new special purpose vehicle (SPV) named GNPR Green Infra Private Limited on September 24, 2025.

New SPV Details

GNPR Green Infra Private Limited has been established with the primary objective of setting up solar power plants. The newly formed entity has an authorized share capital of Rs. 1.00 lakh, divided into 10,000 equity shares of Rs. 10.00 each. Insolation Green Energy Private Limited has acquired 100% ownership of the SPV through a cash consideration of Rs. 1.00 lakh.

Business Focus

The new SPV is set to engage in a wide range of activities within the solar energy sector, including:

• Solar power plant development
• Erection, installation, and construction of solar facilities
• Operation and maintenance of solar power plants
• Consultancy services for renewable energy power plants
• Design, supply, erection, testing, and commissioning of rooftop solar photovoltaic projects
• Comprehensive operation and maintenance (O&M) of rooftop solar installations

Strategic Implications

This move by Insolation Energy Limited, through its subsidiary, signifies the company's commitment to expanding its presence in the renewable energy sector. By creating a dedicated SPV for solar power projects, the company is positioning itself to capitalize on the growing demand for clean energy solutions and potentially increase its market share in the solar industry.

Regulatory Compliance

The incorporation of GNPR Green Infra Private Limited has been duly reported to the BSE Limited, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure ensures transparency and keeps shareholders informed about significant developments within the company.

As the renewable energy sector continues to grow, Insolation Energy's strategic expansion through GNPR Green Infra Private Limited could play a crucial role in the company's future growth and contribution to India's clean energy goals.