
Subsidiary5 Oct 2026, 06:00 pm
Om Power Transmission Incorporates Subsidiary OPTL Green Energy
AI Summary
Om Power Transmission Ltd has announced the incorporation of its wholly-owned subsidiary, OPTL Green Energy Private Limited, on October 5, 2026. The subsidiary will focus on developing, owning, operating, and maintaining renewable energy projects, including solar, wind, hydro, and biomass. Om Power Transmission has subscribed to 5,600 equity shares of OPTL Green Energy at a face value of ₹10 each, totaling ₹56,000, representing a 56% stake. The consideration for the subscription was paid in cash.
Key Highlights
- Om Power Transmission incorporated a new subsidiary, OPTL Green Energy.
- The subsidiary will focus on renewable energy projects.
- Om Power Transmission holds a 56% stake in the new entity.
- Initial investment amounts to ₹56,000.
Price Impact
More from OMPOWER