Subsidiary30 Jun 2026, 08:02 pm
CESC Subsidiary Incorporates Novarion Power Private Limited
AI Summary
CESC Ltd announced that its subsidiary, Crescent Power Limited, has incorporated a Wholly Owned Subsidiary (WOS) named Novarion Power Private Limited (NPPL) on June 30, 2026. NPPL will focus on opportunities in the renewable power sector. The initial subscribed and paid-up capital of NPPL is ₹1,00,000. CESC holds a 67.83% stake in Crescent Power Limited.
Key Highlights
- Crescent Power Limited incorporated a new WOS, Novarion Power Private Limited.
- NPPL will explore opportunities in the renewable power sector.
- Initial capital for NPPL is ₹1,00,000.
- CESC holds 67.83% in Crescent Power Limited.
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