Subsidiary29 Jun 2026, 05:40 pm
CESC Ltd Subsidiary Incorporates New Entity
AI Summary
CESC Ltd announced the incorporation of Purvah Energy Ventures Private Limited (PEVPL) as a wholly-owned subsidiary of its existing subsidiary, Purvah Green Power Private Limited. PEVPL was incorporated on June 24, 2026, with an initial paid-up capital of ₹1,00,000. The new entity will explore opportunities in the renewable power sector. The incorporation is a routine step for business expansion and does not involve any immediate acquisition or related party transaction concerns.
Key Highlights
- CESC Ltd's subsidiary, Purvah Green Power, incorporated a new wholly-owned subsidiary.
- The new entity, Purvah Energy Ventures Private Limited (PEVPL), will focus on renewable power.
- PEVPL was incorporated on June 24, 2026, with initial capital of ₹1,00,000.
- This is a routine step for exploring new business opportunities in the renewable sector.
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