StockWatch
·
Power Generation
Subsidiary24 Apr 2026, 04:27 pm

KPI Green Energy Incorporates KPGC Global Corp Subsidiary

AI Summary

KPI Green Energy Limited has announced the incorporation of a wholly-owned subsidiary, KPGC Global Corporation IFSC Private Limited, in IFSC at GIFT City, Gujarat on April 23, 2026. The subsidiary has an authorized and subscribed capital of ₹2,00,00,000. It will function as a Group Resource and Capital Treasury Centre (GRCTC) to centralize treasury and financial management services.

Key Highlights

  • KPI Green Energy establishes KPGC Global Corporation IFSC Private Limited as a WOS.
  • KPGC Global Corporation has an authorized and subscribed capital of ₹2,00,00,000.
  • The subsidiary will operate as a Group Resource and Capital Treasury Centre.
  • KPI Green Energy holds 100% shareholding in the newly formed subsidiary.