Subsidiary8 Sept 2026, 07:30 pm
CESC Ltd Incorporates Two Wholly Owned Subsidiaries
AI Summary
CESC Ltd has announced the incorporation of two new wholly owned subsidiary companies: Purvah Nexgen Energy Private Limited (PNEPL) and RPSG Nexgen Energy Private Limited (RNEPL). Both entities were incorporated on September 8, 2026, with an initial subscribed and paid-up capital of ₹1,00,000 each. These subsidiaries are established to explore opportunities in the renewable power sector. The company holds 100% shareholding in both PNEPL and RNEPL. This move signifies CESC Ltd's strategic expansion into the renewable energy domain.
Key Highlights
- CESC Ltd incorporated two new wholly owned subsidiaries.
- Subsidiaries named Purvah Nexgen Energy and RPSG Nexgen Energy.
- Both companies will focus on renewable power sector opportunities.
- Initial capital for each subsidiary is ₹1,00,000.
- CESC Ltd holds 100% stake in both new entities.
Price Impact
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