2 hrs ago
Zodiac Energy Incorporates Subsidiary for Solar and EPC Projects
Zodiac Energy has created a new company that it owns completely.
The new company is called ZODIAC ENERGY IPP-4 PRIVATE LIMITED.
It was officially incorporated on October 6, 2026.
Zodiac Energy invested ₹1,00,000 to buy all of its initial shares.
The new company is meant to work on solar power projects.
It may also handle the engineering, buying, and construction needed for those projects.
Zodiac Energy said the new company will help it expand its work and capabilities.
The subsidiary had no turnover when it was incorporated.
Zodiac Energy Limited incorporated wholly-owned subsidiary ZODIAC ENERGY IPP-4 PRIVATE LIMITED.
The Registrar of Companies issued its Certificate of Incorporation on October 6, 2026.
Zodiac Energy invested ₹1,00,000 for 10,000 shares priced at ₹10 each, giving it 100% ownership.
The subsidiary is intended to undertake solar power generation and engineering, procurement, and construction projects.
The company said the move supports expansion, operational capabilities, and growth of its renewable energy portfolio; the new entity had nil turnover at incorporation.
- Who
- Zodiac Energy Limited and its wholly-owned subsidiary, ZODIAC ENERGY IPP-4 PRIVATE LIMITED.
- What
- Zodiac Energy incorporated a subsidiary for solar power generation and EPC projects.
- Where
- Mumbai, according to the article's dateline.
- When
- The Certificate of Incorporation was issued on October 6, 2026; the announcement was made on Thursday.
- Why
- Zodiac Energy said the subsidiary supports its expansion strategy, strengthens operational capabilities, and helps execute solar and EPC projects.
Key facts
- Subsidiary
- ZODIAC ENERGY IPP-4 PRIVATE LIMITED
- Incorporation date
- October 6, 2026
- Ownership
- 100% owned by Zodiac Energy Limited
- Initial investment
- ₹1,00,000
- Initial shares
- 10,000 equity shares at ₹10 each
- Nominal share capital
- ₹10,00,000
- Turnover at incorporation
- Nil
Sources
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