Acquisitions12 Aug 2025, 05:05 pm
Insolation Green Energy Private Limited Acquires JRD Green Infra Private Limited
AI Summary
Insolation Green Energy Private Limited, a wholly owned subsidiary of Insolation Energy Ltd, has incorporated a new subsidiary, JRD Green Infra Private Limited on 12th August, 2025. The new subsidiary will carry on the business of Solar Power Plant Development, erection, installation, establishment, construction, operation and maintenance, and Consultancy of any renewable Energy Power Plants. Design, Supply, Erection, Testing, and Commissioning, including comprehensive Operation and Maintenance (O&M) of Rooftop Solar (RTS) photovoltaic power Projects.
Key Highlights
- Insolation Green Energy Private Limited has incorporated a new subsidiary, JRD Green Infra Private Limited
- JRD Green Infra Private Limited will carry on the business of Solar Power Plant Development
- The acquisition is a related party transaction
- The initial subscription payable by the subscribers to the new Subsidiary is not a related party transaction for the Company
- The consideration for the acquisition is a cash consideration of Rs. 1,00,000 lakh