Key Details of Subsidiary Incorporation

Entity Details:

  • Name of subsidiary: SUGS RENEWABLES PRIVATE LIMITED
  • Date of Incorporation: 21st August, 2026
  • Country of incorporation: Delhi, India
  • Relationship: Wholly owned subsidiary of Sugs Lloyd Limited (Holding Company)

Business Focus:

The subsidiary will operate in the renewable energy sector, specifically:

  • Renewable Energy
  • Solar Energy
  • Power Infrastructure

Business Activities:

SUGS Renewables Private Limited will carry on business relating to renewable energy and solar power projects, including:

  • Identifying, developing, designing, engineering, procuring, constructing, erecting, installing, commissioning, operating, maintaining, repairing, renovating, modernizing, managing, owning, acquiring, leasing, selling, transferring and otherwise dealing in solar photovoltaic and other renewable energy projects and systems
  • Undertaking solar EPC and allied renewable energy project activities
  • Project development, engineering, procurement, installation, commissioning, operation and maintenance of solar power plants and renewable energy systems
  • Activities relating to power generation from renewable energy sources, energy management, project consultancy, technical services and allied activities incidental or conducive to the development and operation of renewable energy projects

Regulatory Approvals:

No governmental or regulatory approvals were required for the incorporation as of the date of incorporation, except such approvals, registrations, licenses or permissions as may be required for carrying out specific business activities/projects under applicable laws.

Financial Details:

  • Nature of consideration: Cash consideration
  • Transaction: 100% subscription to the initial paid-up share capital of SUGS Renewables Private Limited by SUGS Lloyd Limited
  • Payment method: Normal banking channels
  • Cost of subscription: ₹1,00,000
  • Share structure: 10,000 equity shares of face value ₹10 each at par
  • Ownership: 100% shareholding by Sugs Lloyd Limited

Regulatory Reference:

This disclosure is made under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.