Insolation Energy's Subsidiary Expands Solar Power Portfolio with Two New SPVs

1 min read     Updated on 14 Oct 2025, 08:30 PM
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Overview

Insolation Energy Limited's subsidiary, Insolation Green Energy Private Limited, has incorporated two new special purpose vehicles (SPVs) - DJEM Green Infra Private Limited and NRGE Green Infra Private Limited - on October 14, 2025. Each SPV has an authorized share capital of Rs. 1,00,000 with 10,000 equity shares at Rs. 10 face value. These wholly-owned subsidiaries will focus on solar power plant development, including construction, operation, and maintenance, as well as consultancy services for renewable energy projects.

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*this image is generated using AI for illustrative purposes only.

Insolation Energy Limited , a key player in India's renewable energy sector, has taken a significant step towards expanding its solar power portfolio. The company's wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated two new special purpose vehicles (SPVs) for setting up solar power plants.

New Subsidiaries at a Glance

The two newly incorporated SPVs, DJEM Green Infra Private Limited and NRGE Green Infra Private Limited, were established on October 14, 2025. Both entities are set to focus on various aspects of solar power plant development, including erection, installation, construction, operation, and maintenance.

Particulars Details
Names of SPVs DJEM Green Infra Private Limited
NRGE Green Infra Private Limited
Date of Incorporation October 14, 2025
Authorized Share Capital Rs. 1,00,000 each
Number of Equity Shares 10,000 each
Face Value per Share Rs. 10
Ownership 100% owned by Insolation Green Energy Private Limited

Business Focus

The newly formed SPVs are poised to engage in a comprehensive range of solar power-related activities:

  • 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 projects

Strategic Implications

This move by Insolation Energy Limited, through its subsidiary, underscores the company's commitment to expanding its footprint in the renewable energy sector. By creating dedicated SPVs for solar power projects, the company is positioning itself to capitalize on the growing demand for clean energy solutions in India.

The incorporation of these SPVs aligns with India's push towards increasing its renewable energy capacity and reducing dependence on fossil fuels. It also reflects the ongoing trend of companies in the energy sector creating specialized entities to manage specific projects or aspects of their operations.

As these newly incorporated companies have not yet commenced business operations, their financial impact on Insolation Energy Limited's bottom line remains to be seen. However, this strategic move sets the stage for potential growth and diversification within the company's solar energy portfolio.

Historical Stock Returns for INSOLATION ENERGY LIMITED

1 Day5 Days1 Month6 Months1 Year5 Years
-3.17%+1.40%-10.25%-30.03%-53.58%+2,076.47%
INSOLATION ENERGY LIMITED
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Insolation Energy Limited Shareholders Unanimously Approve BSE Main Board Migration and NSE Listing

1 min read     Updated on 10 Oct 2025, 08:37 PM
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Shriram ShekharScanX News Team
Overview

Insolation Energy Limited received unanimous shareholder approval to migrate from BSE's SME platform to the BSE main board and apply for direct listing on NSE's main board. The postal ballot voting concluded with 100% approval for both resolutions. The company also appointed Mr. Rajiv Jain as an Additional Director and incorporated a step-down subsidiary, GRHE Green Infra Private Limited, for solar power plant projects.

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*this image is generated using AI for illustrative purposes only.

Insolation Energy Limited , a company currently listed on BSE's SME platform, has received unanimous shareholder approval for two significant corporate actions that could potentially enhance its market presence and accessibility to investors.

Key Developments

  1. Migration to BSE Main Board: Shareholders have approved the migration of the company's equity shares from BSE's SME platform to the main board of BSE.

  2. Direct Listing on NSE: Approval has been granted to apply for direct listing on the National Stock Exchange (NSE) main board.

Voting Details

The postal ballot voting, which concluded on October 10, 2025, saw 100% approval for both resolutions. Here's a breakdown of the voting results:

Particulars Votes in Favor Votes Against
Shares Voted 157,672,000 0
Percentage 100.00% 0.00%

Process and Timeline

  • The postal ballot process was conducted through remote e-voting from September 11 to October 10, 2025.
  • Mr. Akshit Kumar Jangid served as the scrutinizer for the voting process.
  • The results were declared by Chairman Manish Gupta on October 10, 2025.

Implications

These approvals mark a significant milestone for Insolation Energy Limited, potentially offering:

  1. Increased visibility and liquidity for the company's shares
  2. Access to a wider investor base
  3. Enhanced prestige associated with main board listings

Additional Corporate Actions

Insolation Energy Limited has also made two other significant announcements:

  1. Appointment of Independent Director: Mr. Rajiv Jain has been appointed as an Additional Director (Non-Executive Independent Director) for a term of 5 years, effective October 10, 2025, subject to shareholder approval.

  2. Incorporation of Step-down Subsidiary: The company's wholly-owned subsidiary, Insolation Green Energy Private Limited, has incorporated a new wholly-owned subsidiary named GRHE Green Infra Private Limited on October 9, 2025. This new entity will serve as a special purpose vehicle for setting up solar power plants.

These developments collectively indicate Insolation Energy Limited's strategic moves towards expansion and strengthening its corporate governance structure.

Investors and market participants will be keenly watching the company's next steps as it prepares for potential listing on the main boards of BSE and NSE, which could significantly alter its market dynamics and investor accessibility.

Historical Stock Returns for INSOLATION ENERGY LIMITED

1 Day5 Days1 Month6 Months1 Year5 Years
-3.17%+1.40%-10.25%-30.03%-53.58%+2,076.47%
INSOLATION ENERGY LIMITED
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