Date: October 15, 2026
Subsidiary Incorporation Details
ARMEE INFOTECH LIMITED has incorporated a Wholly Owned Subsidiary (WOS) named "ARMEE MH ONE RENEWABLE ENERGY PRIVATE LIMITED" with Corporate Identification Number U35105GJ2026PTC185129.
Key Details:
- Date of Incorporation: October 15, 2026
- Country of Incorporation: India
- Certificate of Incorporation received: October 15, 2026 at 12:36 p.m. (IST)
- Board Approval Date: September 28, 2026
Business Operations:
The subsidiary operates in the renewable energy sector with focus on:
- Solar photovoltaic power projects
- Electricity transmission and sale
- EPC (Engineering, Procurement, Construction) of solar and energy storage equipment
- Power supply to State Electricity Boards, distribution licensees, government bodies, and power exchanges
- Long-term Power Purchase Agreements
Capital Structure:
- Paid-up Capital: ₹10,00,000/-
- Share Structure: 100,000 Equity Shares of face value ₹10/- per share
- Ownership: 100% controlled by ARMEE INFOTECH LIMITED
- Consideration Type: Cash subscription
Regulatory Framework:
- Disclosure made under Regulation 30 of SEBI Listing Regulations
- Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- No governmental or regulatory approvals required for incorporation
Strategic Purpose:
The subsidiary will act as a Special Purpose Vehicle (SPV) of ARMEE INFOTECH LIMITED for the development of solar power project(s).