The company successfully incorporated a new Wholly Owned Subsidiary (WOS) in India under the name "TransgreenX Asset Holdco Private Limited"
Date of incorporation: August 20, 2026
The WOS shall be a related party of the Company starting from incorporation
2. Completion of Acquisition
The company completed the acquisition of the entire equity shareholding of M/s. Inso Pace Private Limited
Consequent to the completion of the acquisition, M/s. Inso Pace Private Limited has become a WOS of the Company
This acquisition was previously approved by the Board of Directors at their meeting held on June 20, 2026 (Reference No. PDL/2026-27/Q01_40)
Business Details of New Subsidiary
Industry: Renewable Energy Sector
Business nature: Asset-Holding and Project Development Company
Objects: To carry on business related to identification, acquisition, development, ownership, operation, and management of energy and infrastructure projects
Operational structure: Either directly or through Special Purpose Vehicles (SPVs), subsidiaries, joint ventures, or any other appropriate structure
Project types: Government and Private sector projects under Build-Own-Operate, Build-Own-Operate-Transfer, or any other public-private partnership models
Transaction Details
Nature of consideration: Cash consideration
Acquisition details: Subscription of 10,000 Equity Shares of Face Value ₹10 each
Percentage of shareholding acquired: 100%
Total investment: ₹100,000 (10,000 shares × ₹10 face value)
Regulatory Approvals
Incorporation of WOS was approved by the Registrar of Companies of Ministry of Corporate Affairs, Central Registration Centre
Disclosure made pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Additional Information
The WOS is newly incorporated company with no historical turnover
Size/Turnover: Not applicable for newly incorporated company
Background information about acquired entity: Not applicable
The information has been uploaded on the Company's website at https://www.pacedigitek.com/
