Subsidiary27 May 2026, 07:41 pm
Advait Energy Transitions Forms Advait BESS Bhesaan Subsidiary
AI Summary
Advait Energy Transitions Ltd has incorporated a new subsidiary named "Advait BESS Bhesaan Private Limited" on May 27, 2026. The subsidiary's authorized and paid-up share capital is ₹1,00,000. Advait BESS Bhesaan will focus on Battery Energy Storage Systems (BESS) and related services, including development, procurement, engineering, and maintenance. Advait Energy Transitions holds 51% of the subsidiary's shares. The subsidiary is considered a related party transaction.
Key Highlights
- Advait Energy Transitions incorporates Advait BESS Bhesaan Private Limited as a subsidiary.
- The subsidiary's primary focus is on Battery Energy Storage Systems (BESS) and related services.
- Advait Energy Transitions holds 51% of the shares in the new subsidiary.
- Authorized and paid-up share capital of Advait BESS Bhesaan is ₹1,00,000.
- The incorporation was approved by the Ministry of Corporate Affairs on May 27, 2026.