Varvee Global Ltd Incorporates ₹10 Lakh Energy Subsidiary

Key Dates

• Previous disclosure date: May 27, 2026
• Incorporation date: July 07, 2026
• Filing date: July 07, 2026

Subsidiary Details

• Name: Varvee Energy Private Limited
• Date of Incorporation: July 07, 2026
• Country of Incorporation: India
• Industry: Renewable energy

Business Activities

The subsidiary has been incorporated to undertake business in the renewable energy sector, including:

• Generation, transmission, distribution, supply, trading, and storage
• Other allied activities relating to renewable energy and sustainable energy solutions

Ownership Structure

• Varvee Energy Private Limited is a wholly-owned subsidiary of Varvee Global Limited
• The subsidiary becomes a related party under applicable regulations

Investment Details

• Consideration type: Cash consideration through banking channels
• Investment amount: ₹10,00,000 (Rupees Ten Lakhs only)
• Share structure: 1,00,000 Equity Shares of ₹10/- each at face value
• Ownership percentage: 100% of paid-up share capital

Regulatory Approvals

• Primary approval: Certificate of Incorporation from Registrar of Companies
• No other governmental or regulatory approvals required for the incorporation

Financial Impact

The company has invested ₹10 lakhs in cash for 100% ownership of the subsidiary. No additional financial impact quantification provided in the disclosure.