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	<title>Purvah Poweredge | Business Upturn</title>
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		<title>CESC establishes wholly owned subsidiary Purvah Poweredge with Rs 1 lakh capital</title>
		<link>https://www.businessupturn.com/business/cesc-establishes-wholly-owned-subsidiary-purvah-poweredge-with-rs-1-lakh-capital/</link>
		
		<dc:creator><![CDATA[Kinjal]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 14:19:52 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[CESC]]></category>
		<category><![CDATA[Purvah Green Power]]></category>
		<category><![CDATA[Purvah Poweredge]]></category>
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					<description><![CDATA[CESC has incorporated a new wholly owned subsidiary, Purvah Poweredge Private Limited, with a capital of ₹1,00,000 to explore renewable power opportunities.]]></description>
										<content:encoded><![CDATA[&lt;p&gt;CESC has announced the incorporation of a new wholly owned subsidiary, &lt;a href=&quot;https://www.businessupturn.com/news/topic/purvah-poweredge/&quot; rel=&quot;tag&quot;&gt;Purvah Poweredge&lt;/a&gt; Private Limited (PPPL). The new entity was established on 23 March 2026, under the umbrella of &lt;a href=&quot;https://www.businessupturn.com/news/topic/purvah-green-power/&quot; rel=&quot;tag&quot;&gt;Purvah Green Power&lt;/a&gt; Private Limited, a subsidiary of &lt;a href=&quot;https://www.businessupturn.com/news/topic/cesc/&quot; rel=&quot;tag&quot;&gt;CESC&lt;/a&gt;. The company has been set up with a subscribed and paid-up capital of ₹1,00,000.&lt;/p&gt;
&lt;p&gt;PPPL is positioned to explore opportunities within the renewable power sector, aligning with CESC’s strategic interests in expanding its footprint in sustainable energy solutions. The incorporation of PPPL is not classified as a related party transaction, as it is a wholly owned subsidiary of Purvah Green Power Private Limited, which itself is a subsidiary of CESC.&lt;/p&gt;
&lt;p&gt;The renewable power sector is the designated industry for PPPL, and it will focus on identifying and capitalising on opportunities within this sector. As a newly incorporated entity, PPPL does not have any turnover history to report.&lt;/p&gt;
&lt;p&gt;No governmental or regulatory approvals were required for the incorporation of PPPL, and the process has been completed as of the date of its incorporation. The company is entirely owned by Purvah Green Power Private Limited, which holds 87.99% of the shares in Purvah.&lt;/p&gt;
&lt;p&gt;Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).&lt;/p&gt;
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