CESC Limited announced the incorporation of two new wholly owned subsidiary companies by its subsidiary, Purvah Green Power Private Limited. The new entities, PURVAH ECOENERGY SOLUTIONS PRIVATE LIMITED (PESPL) and PURVAH POWER VENTURES PRIVATE LIMITED (PPVPL), were both incorporated on March 24, 2026. Both subsidiaries will operate within the renewable power sector, exploring new opportunities for growth.
Announcement of New Subsidiary Incorporation
CESC Limited has officially informed stock exchanges regarding the creation of two new entities under its existing subsidiary structure. This disclosure follows regulatory requirements for material events.
The incorporation process was executed by Purvah Green Power Private Limited, which itself is a subsidiary of CESC. The announcement confirms that both newly formed companies are wholly owned subsidiaries (WOS) of Purvah Green Power.
Details of the Incorporated Entities
The two newly established companies are:
- PURVAH ECOENERGY SOLUTIONS PRIVATE LIMITED (PESPL): Incorporated on March 24, 2026. Its objective is to explore opportunities within the renewable power sector.
- PURVAH POWER VENTURES PRIVATE LIMITED (PPVPL): Incorporated on the same day, March 24, 2026. Like PESPL, its focus will be on opportunities in the renewable power sector.
Operational and Financial Context
Since both entities are newly incorporated companies, their turnover is Not applicable. Both PESPL and PPVPL have an initial subscribed and paid-up capital of Rs. 1,00,000/- (Rupees One Lakh Only). The parent company, CESC, ultimately holds an 87.99% stake in Purvah Green Power, thereby controlling these new ventures.
The core business alignment for these new subsidiaries is the Renewable power sector, which aligns with the strategic direction of expanding the parent group’s footprint in green energy solutions.
Source: BSE
