StockWatch
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Civil Construction
Subsidiary31 Aug 2026, 05:10 pm

GRE Renew Enertech Incorporates Two Wholly Owned Subsidiaries

AI Summary

GRE Renew Enertech Ltd has announced the incorporation of two wholly owned subsidiaries, Solarsource Energy Private Limited and Solarcatch Energy Private Limited. Both entities were incorporated on August 25, 2026, and August 29, 2026, respectively. These subsidiaries are established to focus on activities within the renewable energy sector, specifically the development, establishment, operation, and maintenance of solar power projects. Each subsidiary was incorporated with an initial investment of ₹0.01 Crore through the subscription of equity shares at ₹10 per share, totaling ₹1,00,000/- for each entity. This strategic move aims to facilitate focused development and execution of business opportunities in the renewable energy domain.

Key Highlights

  • GRE Renew Enertech has incorporated two new wholly owned subsidiaries.
  • Subsidiaries will focus on renewable energy and solar power projects.
  • Initial investment in each subsidiary is ₹0.01 Crore.
  • This is part of a strategy for focused development in the renewable sector.