CESC Limited announced that its subsidiary, Purvah Green Power Private Limited, has successfully incorporated a new Wholly Owned Subsidiary (WOS) named Purvah Poweredge Private Limited (PPPL) on March 23, 2026. PPPL is established to explore opportunities within the renewable power sector. The initial subscribed and paid-up capital for the new entity is minimal, set at Rs. 1,00,000/-.
Corporate Restructuring for Renewable Focus
CESC Limited has notified the exchanges regarding the formation of a new subsidiary entity designed to strengthen its footprint in the power sector. This development follows the incorporation of Purvah Poweredge Private Limited (PPPL) on March 23, 2026.
PPPL has been established as a Wholly Owned Subsidiary (WOS) of Purvah Green Power Private Limited, which itself is a subsidiary of CESC Limited. This tiered structure allows for focused expansion within defined strategic areas.
Purpose and Capitalization
The primary objective of the newly incorporated entity, PPPL, is to explore opportunities in the renewable power sector. Given that PPPL is a newly formed company, it currently has no operational turnover.
The capital structure details are as follows:
- The subscribed and paid-up capital of PPPL is Rs. 1,00,000/- (Rupees One Lakh Only).
- CESC Limited’s effective control flows down, as the parent company holds 87.99% in Purvah Green Power Private Limited, which in turn wholly owns PPPL.
Regulatory Compliance
The incorporation required no immediate governmental or regulatory approvals beyond standard procedures for establishing a new company. All disclosures concerning the structure, purpose, and capital contribution have been furnished in compliance with applicable regulations, as detailed in Annexure-A of the official filing.
Source: BSE
