Subsidiary8 Jan 2026, 12:31 pm
Waa Solar Ltd Incorporates Wholly Owned Subsidiaries for M.P. Urja Vikas Nigam Limited Project
AI Summary
Waa Solar Ltd has incorporated wholly owned subsidiaries, namely WAA SOLAR (SATIPURA) PRIVATE LIMITED, WAA SOLAR (TAWLAI) PRIVATE LIMITED, WAA SOLAR (AWALDA) PRIVATE LIMITED, WAA SOLAR (KALIBAWADI) PRIVATE LIMITED, WAA SOLAR (TALANPUR) PRIVATE LIMITED, WAA SOLAR (NARAYANPURA) PRIVATE LIMITED, WAA SOLAR (UTAWAD) PRIVATE LIMITED. These subsidiaries have been incorporated as Special Purpose Vehicles (SPVs) for the execution of a project awarded by M.P. Urja Vikas Nigam Limited, a Government of MP Enterprise. The company has a 100% shareholding in all these subsidiaries, with an authorized share capital of Rs. 1,00,000/- divided into 10,000 equity shares of Rs. 10 each. The initial capital subscription is in cash.
Key Highlights
- Waa Solar Ltd has incorporated seven wholly owned subsidiaries.
- The subsidiaries are incorporated as Special Purpose Vehicles (SPVs) for a project awarded by M.P. Urja Vikas Nigam Limited.
- Waa Solar Ltd has a 100% shareholding in all the subsidiaries.
- The initial capital subscription is in cash.
- The subsidiaries have been incorporated under the Companies Act, 2013.