Insolation Energy Limited Expands Solar Footprint with New Subsidiary
Insolation Energy has incorporated a new subsidiary, MGVI Green Infra Five Private Limited, on August 10, 2025. The subsidiary has an authorized share capital of Rs. 1,00,000 and will focus on solar power plant development, installation, and maintenance. Insolation Energy holds a 60% stake, with promoters Manish Gupta and Vikas Jain each holding 20%. The company also announced a board meeting on August 14, 2025, to consider migrating to BSE's main board and exploring direct listing on NSE.
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Insolation Energy , a prominent player in the solar industry, has taken a significant step towards expanding its renewable energy portfolio. The company has incorporated a new subsidiary, MGVI Green Infra Five Private Limited, marking a strategic move to strengthen its position in the solar power sector.
Key Details of the New Subsidiary
- Incorporation Date: 10th August, 2025
- Authorized Share Capital: Rs. 1,00,000, divided into 10,000 equity shares of Rs. 10 each
- Shareholding Structure:
- Insolation Energy Limited: 60%
- Mr. Manish Gupta (Promoter): 20%
- Mr. Vikas Jain (Promoter): 20%
Business Focus
MGVI Green Infra Five Private Limited will operate within the solar industry, with a comprehensive range of services 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, erection, testing, and commissioning of rooftop solar photovoltaic power projects
- Comprehensive operation and maintenance (O&M) of rooftop solar installations
This strategic expansion aligns with Insolation Energy Limited's core competencies and is expected to enhance the company's capabilities in the renewable energy sector.
Corporate Governance and Regulatory Compliance
In compliance with SEBI regulations, Insolation Energy Limited has promptly disclosed the details of this new subsidiary. The company has emphasized that the acquisition was made through cash consideration, demonstrating its commitment to transparency and adherence to regulatory requirements.
Future Prospects
While the newly incorporated subsidiary is yet to generate turnover, its formation signals Insolation Energy Limited's proactive approach to capitalizing on the growing demand for solar energy solutions. The move is anticipated to contribute to the company's long-term growth strategy in the renewable energy market.
Upcoming Board Meeting
In a related development, Insolation Energy Limited has announced a board meeting scheduled for 14th August, 2025. The meeting agenda includes significant items such as:
- Consideration of migrating the company's equity shares from BSE's SME platform to the main board
- Exploring direct listing on the National Stock Exchange of India Limited (NSE)
- Approval of a postal ballot notice
- Appointment of a merchant banker to manage the potential listing transitions
These developments indicate that Insolation Energy Limited is not only expanding its operational capacity but also considering strategic moves to enhance its market presence and accessibility to investors.
As the renewable energy sector continues to grow, Insolation Energy Limited's latest moves position it to potentially capture a larger market share and drive sustainable growth in the solar power industry.
Historical Stock Returns for Insolation Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.15% | -15.54% | -19.78% | -35.34% | -56.80% | +1,892.49% |
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