Nature of Update
This is a regulatory compliance disclosure pursuant to SEBI Listing Regulations, informing the exchanges of the incorporation of two new wholly owned subsidiaries.
Key Operational or Strategic Points
- Two new companies have been incorporated as wholly owned subsidiaries: Juniper Green Cosmic Fifteen Private Limited and Juniper Green Kite Fifteen Private Limited.
- Both were incorporated on October 21, 2026, in India.
- The industry for both entities is Power Generation (Renewable Energy).
- The strategic rationale for their incorporation is to undertake activities relating to the development, establishment, and operation of power generation projects in the field of renewable energy.
- No governmental or regulatory approvals were required for the incorporation.
Material Financial Impact
- The investment was made via a cash consideration.
- Juniper Green Energy Limited subscribed to 1,50,000 Equity Shares of face value ₹10 each at par in each entity.
- The total investment aggregates to ₹30,00,000 (₹15,00,000 in each subsidiary).
- The listed entity holds a 100% shareholding in each of the new subsidiaries.
Reference Regulation
SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015.