Key Transaction Details

HPJG Green Infra Private Limited (HPJG) Transfer:

  • Insolation Green Energy Private Limited proposes to transfer 49% of its stake in HPJG to Mr. Manish Gupta and Mrs. Payal Gupta
  • The transfer of remaining 51% stake will be done in accordance with the terms and conditions of transaction documents
  • Total consideration for entire 100% equity shareholding: ₹1,00,000 (Rupees One Lakh Only)
  • Transaction date: 13th November, 2026

DGEJ Green Infra Private Limited (DGEJ) Transfer:

  • Insolation Green Energy Private Limited proposes to transfer 49% of its stake in DGEJ to Mr. Vikas Jain and Mrs. Ekta Jain
  • The transfer of remaining 51% stake will be done in accordance with the terms and conditions of transaction documents
  • Total consideration for entire 100% equity shareholding: ₹1,00,000 (Rupees One Lakh Only)
  • Transaction date: 13th November, 2026

Financial Metrics of Subsidiaries

HPJG Green Infra Private Limited:

  • Turnover: Nil
  • Net Worth: ₹1,00,000
  • Percentage contribution to listed entity: Nil

DGEJ Green Infra Private Limited:

  • Turnover: Nil
  • Net Worth: ₹1,00,000
  • Percentage contribution to listed entity: Nil

Transaction Timeline and Completion

  • Agreement date: 13th November, 2026 for both transactions
  • Expected completion: The proposed transactions shall be executed upon completion of the requisite approvals and applicable formalities

Buyer Details and Relationship

HPJG Buyers: Mr. Manish Gupta and Mrs. Payal Gupta belong to the promoter/promoter group of Insolation Energy Limited

DGEJ Buyers: Mr. Vikas Jain and Mrs. Ekta Jain belong to the promoter/promoter group of Insolation Energy Limited

Regulatory Classification

  • Both transactions fall within related party transactions
  • Both transactions are executed on arm's length basis
  • Both sales are outside Scheme of Arrangement
  • Not applicable for slump sale disclosures

Post-Transaction Status

Pursuant to the transfer of stake, both HPJG Green Infra Private Limited and DGEJ Green Infra Private Limited cease to be Wholly Owned Subsidiaries of Insolation Green Energy Private Limited. However, they continue to be subsidiaries of Insolation Green Energy Private Limited.