Insolation Energy Limited has taken a significant step in expanding its solar energy portfolio by incorporating a new subsidiary, MGVI Green Infra Four Private Limited. This strategic move, announced on July 23, 2025, aligns with the company's growth plans in the renewable energy sector.

Key Highlights

• New Subsidiary: MGVI Green Infra Four Private Limited
• Incorporation Date: July 23, 2025
• Authorized Share Capital: ₹1,00,000 (One Lakh Rupees)
• Insolation Energy's Stake: 60% equity shares

Business Focus

The newly formed subsidiary will focus on various aspects of solar power projects, including:

• Solar Power Plant Development
• Erection, installation, and construction of renewable energy power plants
• Operation and maintenance services
• Consultancy for renewable energy projects
• Design, supply, and commissioning of Rooftop Solar (RTS) photovoltaic power projects

Ownership Structure

Strategic Implications

This incorporation marks a significant development for Insolation Energy, showcasing its commitment to expanding its presence in the solar energy sector. By creating a dedicated subsidiary for solar power projects, the company is positioning itself to capitalize on the growing demand for renewable energy solutions in India.

The move is expected to enhance Insolation Energy's capabilities in executing solar power projects across various scales, from rooftop installations to larger power plants. This diversification could potentially lead to new revenue streams and strengthen the company's market position in the renewable energy industry.

Insolation Energy's decision to hold a majority stake (60.00%) in the new subsidiary indicates its intention to maintain strong control over the venture while also involving key individuals, namely Mr. Manish Gupta and Mr. Vikas Jain, who are both promoters of the parent company.

As the renewable energy sector continues to gain importance in India's power landscape, Insolation Energy's expansion through MGVI Green Infra Four Private Limited could be seen as a timely and strategic move to capture a larger share of the growing solar market.

Investors and industry observers will likely be watching closely to see how this new subsidiary contributes to Insolation Energy's overall growth and performance in the coming years.

Insolation Energy Limited , a prominent player in the solar industry, has taken a significant step towards expanding its renewable energy portfolio. The company announced the incorporation of a new subsidiary, MGVI Green Infra Four Private Limited, on July 23, 2025, marking a strategic move to strengthen its position in the solar power sector.

Key Details of the New Subsidiary

The newly formed entity, MGVI Green Infra Four Private Limited, has been established with an authorized share capital of Rs. 1,00,000, divided into 10,000 equity shares of Rs. 10 each. The ownership structure of the subsidiary reflects a strategic partnership:

• Insolation Energy Limited: 60% equity shares
• Manish Gupta (Promoter): 20% equity shares
• Vikas Jain (Promoter): 20% equity shares

Business Focus and Objectives

MGVI Green Infra Four Private Limited is set to operate within the solar industry, with a comprehensive scope of activities including:

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

This broad range of services positions the new subsidiary to capitalize on various aspects of the growing renewable energy market in India.

Regulatory Compliance and Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Insolation Energy Limited promptly disclosed the incorporation of its new subsidiary. The company filed the necessary documentation with the BSE Limited, ensuring transparency in its corporate actions.

Strategic Implications

The formation of MGVI Green Infra Four Private Limited aligns with Insolation Energy Limited's strategy to expand its presence in the renewable energy sector. By creating a dedicated subsidiary for solar and renewable energy projects, the company is poised to:

1. Enhance its operational capabilities in solar power plant development
2. Diversify its service offerings within the renewable energy space
3. Potentially increase its market share in the growing solar industry

Looking Ahead

As India continues to prioritize renewable energy sources, Insolation Energy Limited's expansion through this new subsidiary could position the company to capitalize on upcoming opportunities in the sector. The move demonstrates the company's commitment to growth and its confidence in the future of solar energy in India.

Investors and industry observers will likely keep a close watch on MGVI Green Infra Four Private Limited's progress and its impact on Insolation Energy Limited's overall performance in the coming years.