CESC has announced the incorporation of two wholly owned subsidiary companies under its existing subsidiary, Purvah Green Power Private Limited. The two new entities, Purvah Ecoenergy Solutions Private Limited (PESPL) and Purvah Power Ventures Private Limited (PPVPL), were both incorporated on 24 March 2026.
Both PESPL and PPVPL have been established to explore opportunities in the renewable power sector. As newly incorporated companies, they do not yet have any turnover. The subscribed and paid-up capital for each of these subsidiaries is ₹1,00,000.
CESC holds an 87.99% stake in Purvah Green Power Private Limited, which in turn fully owns the newly established subsidiaries. The incorporation of these companies is part of CESC‘s strategic move to enhance its presence in the renewable energy sector.
These developments are in compliance with Regulation 30 of the SEBI Listing Regulations, 2015, as outlined in the company’s filing with the National Stock Exchange of India.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).