Incorporation of a Wholly Owned Subsidiary for Solar Power and Energy Storage
ArMee Infotech has incorporated a Wholly Owned Subsidiary named ARMEE MH ONE RENEWABLE ENERGY PRIVATE LIMITED.
By ScoutQuest · · 2 min read
- Paid-up Capital
- Rs. 10 lakh (100,000 equity shares of face value INR 10/- per share)
- Ownership / Control
- Company holds 100% control
- Certificate of Incorporation
- dated October 15, 2026; received by the company on the same day at 12:36 p.m. IST
ArMee Infotech Limited has incorporated a new wholly owned subsidiary, adding a renewable energy arm to the group.
What was incorporated
- Name: ARMEE MH ONE RENEWABLE ENERGY PRIVATE LIMITED
- Country of incorporation: India
- Certificate of Incorporation issued on October 15, 2026
- The company received the certificate on October 15, 2026 at 12:36 p.m. IST
- The Board of Directors had granted its approval at its meeting held on September 28, 2026
What the subsidiary will do
- Renewable energy - solar power generation, transmission and sale of electricity, including EPC and manufacturing of solar and energy storage equipment
- Design, develop, construct, own, operate and maintain solar photovoltaic power projects and associated evacuation and transmission infrastructure
- Generate, transmit, supply, trade and sell electricity to State Electricity Boards, distribution licensees, government bodies, power exchanges and other consumers, including under long-term Power Purchase Agreements
- Undertake engineering, procurement and construction of solar and renewable energy projects and other incidental and ancillary activities
- Act as a Special Purpose Vehicle of ArMee Infotech Limited for the development of solar power project(s)
Ownership and money
- ArMee Infotech Limited subscribed to 100% of the initial paid-up share capital of the subsidiary, in cash
- Paid-up capital: Rs. 10 lakh, made up of 100,000 equity shares of face value INR 10/- per share
- Control: 100% (wholly owned subsidiary)
- The subsidiary is a related party of the listed entity by virtue of being its wholly owned subsidiary
How to read this
The subsidiary is being set up as a vehicle for solar power projects, which means the company is creating a separate entity to hold and run this business. The initial capital is small relative to a listed company's balance sheet, so the immediate financial outlay is limited; the significance for investors lies in the direction of business - a move into solar power generation, transmission, electricity sale and related equipment manufacturing. Because the subsidiary is 100% owned, its future profits or losses would flow entirely to ArMee Infotech Limited. Any future capital infusion, project win or tie-up at this subsidiary level that crosses disclosure thresholds would come to shareholders as a separate announcement.
Also from Armee Infotech
CIN changes to L-prefix, MCA status moves from Unlisted to Listed
22 Oct 2026
ArMee Infotech Q1 FY27: consolidated revenue ₹275.79 Cr, PAT turns positive, order book ₹2,609.41 Cr
19 Oct 2026
Q1 FY27 press release: standalone PAT up 191.58% YoY to ₹2.77 crore, EBITDA margin 2.83%
17 Oct 2026
More numbers
- Paid-up capital of the wholly owned subsidiaryRs. 10,00,000/-
- Equity shares of the subsidiary subscribed100,000 Equity Shares
- Face value per share of the subsidiaryINR 10/- per share
- Shareholding / control held by ArMee Infotech100%
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