Step-down subsidiary incorporates Windaxis Renewables as a wholly owned subsidiary
Suyog Urja Ltd, a step-down subsidiary of Enviro Infra Engineers, incorporated Windaxis Renewables Private Limited on 05.11.2026 as a wholly owned subsidiary.
By ScoutQuest · · 2 min read
- Incorporation Date
- 05.11.2026
- Authorised Capital
- ₹1,00,000/- divided into 10,000 equity shares of ₹10/- each
- Shareholding / Control by Listed Entity
- 51%
What was announced
Enviro Infra Engineers Ltd informed the exchanges that its step-down subsidiary, Suyog Urja Limited, incorporated a new company on 05.11.2026 called Windaxis Renewables Private Limited (WRPL). The covering letter describes WRPL as a wholly owned subsidiary of Suyog Urja Limited. The annexure names Suyog Urja Limited as the holding company and shows the relationship with the listed entity as step-down subsidiary.
The new company
- Name: Windaxis Renewables Private Limited
- Incorporated on 05.11.2026 in India
- Industry: Energy / Renewable Power
What it is set up to do
- Carry on and undertake, in India and/or outside India, the business of generation, transmission and distribution of electricity using non-conventional and conventional resources, by setting up wind power, hydropower, biogas, biomass gasification and urban municipal waste gasification projects.
- Set up a Wind Park at potential sites for wind power generation, and facilitate potential investors for setting up wind power turbines by offering them necessary services.
Money and ownership
- Nature of consideration: Cash
- Authorised capital: ₹1,00,000/-, divided into 10,000 equity shares of ₹ 10/- each
- Percentage of shareholding / control by the listed entity: 51%
One point to note: the covering letter calls WRPL a wholly owned subsidiary, while the annexure states the shareholding / control at 51%. Both are as stated in the update.
Approvals
The annexure marks governmental or regulatory approvals required for the incorporation as "Not Applicable".
What this means for a retail investor
- This is the incorporation of a new company, not the purchase of an existing business; the annexure describes the consideration as cash.
- The entity is being set up with an authorised capital of ₹1,00,000/-, divided into 10,000 equity shares of ₹ 10/- each, and the annexure shows 51% as the shareholding / control of the listed entity.
- The stated line of business is renewable power, with wind parks named specifically, alongside hydropower, biogas, biomass gasification and urban municipal waste gasification.
- WRPL sits below Suyog Urja Limited in the group structure, which is why it is described as a step-down subsidiary of the listed company.
Also from Enviro Infra Engineers
Q2 FY27: revenue up 60.01% YoY, PAT down 20.22%; order book at ₹67,782 million
5 Nov 2026
Board approves unaudited Q2 and H1 results; auditors issue unmodified review conclusion
5 Nov 2026
Statutory auditor of material subsidiary resigns; parent's group auditor proposed
5 Nov 2026
More numbers
- Authorised capital of Windaxis Renewables₹1,00,000/-
- Number of equity shares in authorised capital10,000
- Face value per equity share₹ 10/-
- Shareholding / control by the listed entity51%
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