KPI Green Energy Limited has incorporated a wholly owned subsidiary, KPGC One Private Limited (KPGCO), according to an exchange filing dated June 19, 2026.
The new entity was incorporated on June 18, 2026, with the parent company holding 100% of its share capital. The company has been registered with the Registrar of Companies, Ahmedabad and will operate in the renewable energy sector.
KPGC One Private Limited has been incorporated with an authorised capital of ₹1 lakh, comprising 10,000 equity shares of ₹10 each. Its subscribed capital also stands at ₹1 lakh, which has been funded through cash consideration.
As a newly incorporated company, KPGCO has not commenced business operations and currently has no turnover, the filing stated.
The subsidiary has been formed to undertake activities across the power value chain. Its stated objectives include the generation, storage, transmission, distribution, purchase, and sale of electricity from both conventional and renewable sources.
The scope of operations also covers solar, wind, hydro, biomass, and thermal energy projects, along with the development and operation of power plants and energy storage systems.
The disclosure noted that the incorporation does not require any government or regulatory approvals.
The transaction is not classified as a related-party acquisition, and KPI Green Energy continues to hold the entire shareholding of the subsidiary. The company also confirmed that KPGC One Private Limited is yet to begin commercial operations.
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As of June 19, 2026, 3:30 pm, KPI Green Energy share price trading at ₹409.60, up 0.54% from the previous closing price.
The newly incorporated KPGC One Private Limited is fully owned by KPI Green Energy and has been established to undertake renewable energy and power infrastructure businesses. The company has not started commercial operations yet.
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Published on: Jun 19, 2026, 4:17 PM IST
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