Insolation Energy Ltd

🌞 Insolation Energy Expands Solar Footprint with New Subsidiary MGPG Green Infra

- New subsidiary MGPG Green Infra Private Limited incorporated on 18th August 2025 (Certificate received on 21st August 2025).

- Focus: Solar power plant development, installation, operation & maintenance, including rooftop PV projects.

- Authorized Share Capital: Rs. 1,00,000.

- Shareholding: 60% by Insolation Green Energy Pvt Ltd, 20% each by Mrs. Payal Gupta & Mrs. Ekta Jain.

- SPV is a related party of Insolation Energy Ltd but initial subscription isn’t a related party transaction.

- No prior turnover history (new entity) and no regulatory approvals needed for incorporation.