Insolation Energy Limited (BSE: 543620) has announced a significant expansion in its solar power business through its wholly-owned subsidiary, Insolation Green Energy Private Limited. The company incorporated five new wholly-owned subsidiaries, each designed as a special purpose vehicle (SPV) for setting up solar power plants.

New Subsidiaries

The newly formed subsidiaries are:

1. EGRJ Green Infra Private Limited
2. GJPN Green Infra Private Limited
3. JGVR Green Infra Private Limited
4. HGJP Green Infra Private Limited
5. PDGN Green Infra Private Limited

Each of these SPVs has been established with an authorized share capital of Rs. 1.00 lakh, divided into 10,000 equity shares of Rs. 10.00 each. The entire equity for each subsidiary has been subscribed by Insolation Green Energy Private Limited, making them step-down subsidiaries of Insolation Energy Limited.

Business Focus

The primary objectives of these new entities include:

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

Strategic Implications

This move signifies Insolation Energy's commitment to expanding its footprint in the solar energy sector. By creating dedicated SPVs, the company is positioning itself to efficiently manage and operate multiple solar power projects across different locations.

Regulatory Compliance

The incorporation of these subsidiaries has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has filed the necessary details with the BSE Limited, where its shares are listed.

Future Outlook

While the newly incorporated SPVs are yet to commence business operations, their formation suggests that Insolation Energy is gearing up for growth in its solar power generation capacity. This strategic move aligns with the growing demand for renewable energy solutions in India and could potentially strengthen the company's market position in the solar industry.

Investors and industry observers will be watching how these new subsidiaries contribute to Insolation Energy's overall growth strategy and operational capabilities in the renewable energy sector.

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.