Insolation Energy Limited has announced the appointment of Mr. Rajiv Jain as an Additional Director, designated as Independent Director, effective from 10th October, 2025. This strategic move, approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, aims to strengthen the company's governance structure.

Key Appointment Details

Professional Background

Mr. Rajiv Jain brings a wealth of experience to Insolation Energy Limited, with over 42 years in governance, law enforcement, national security, and legal practice. His impressive career includes:

• Former Member of the National Human Rights Commission (NHRC), equivalent to a Supreme Court Judge
• Former Director of Intelligence Bureau (IB), equivalent to a Secretary to the Government of India
• Expertise in policy formulation, coordination, crisis management, conflict resolution, and corporate governance
• Accomplished arbitrator, mediator, and practicing advocate

Academic Qualifications

Mr. Jain's academic credentials include:

• MA in History
• BA (Hons.)
• Bachelor of Laws (LL.B.)
• Advanced Diploma in Management

Compliance and Independence

The company has confirmed that Mr. Rajiv Jain is not related to any of the Promoters, Members of the Promoter Group, or Directors of Insolation Energy Limited. Furthermore, he is not debarred from holding the office of Director by any regulatory authority, ensuring compliance with SEBI regulations.

This appointment underscores Insolation Energy Limited's commitment to enhancing its board with experienced professionals, potentially bringing valuable insights to the company's strategic direction and governance practices.

Insolation Energy Limited , a key player in the Indian solar 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 a new Special Purpose Vehicle (SPV) named GRHE Green Infra Private Limited.

New SPV Details

The newly formed SPV, GRHE Green Infra Private Limited, was incorporated on October 9, with the following key details:

Business Objectives

GRHE Green Infra Private Limited is set to focus on various aspects of solar power development:

• 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 (RTS) photovoltaic power projects
• Comprehensive Operation and Maintenance (O&M) of solar projects

Strategic Implications

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

The incorporation of GRHE Green Infra Private Limited as a step-down subsidiary allows Insolation Energy to streamline its operations and potentially take on larger solar power projects. This strategic decision could enhance the company's ability to secure and execute solar energy contracts more efficiently.

Market Impact

This development signals Insolation Energy's proactive approach to growth in the renewable energy sector. As the Indian government continues to push for increased adoption of renewable energy, companies like Insolation Energy that are expanding their capabilities in solar power development are well-positioned to benefit from this growing market trend.

The formation of this new SPV underscores the dynamic nature of India's solar energy market and highlights the ongoing efforts of companies to structure themselves optimally for growth and efficiency in this sector.