<h1>CESC Incorporates Wholly Owned Subsidiary for Renewable Power Ventures</h1>
CESC Ltd has extended its corporate structure by incorporating a new entity, Purvah Energy Ventures Private Limited (PEVPL), dedicated to exploring opportunities within the renewable power sector. PEVPL was incorporated on June 24, 2026, and received its Certificate of Incorporation from the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs, on June 29, 2026.
Purvah Energy Ventures Private Limited has been established as a Wholly Owned Subsidiary (WOS) of Purvah Green Power Private Limited, which in turn is a subsidiary of CESC Ltd. The new entity belongs to the renewable power sector and aims to explore opportunities within this growing industry.
Regarding the financial structure of PEVPL, its subscribed and paid-up capital stands at Rs. 1,00,000 (Rupees One Lakh Only). This incorporation move is part of CESC’s ongoing strategic expansion in the energy market. In related operations, it was noted that the Company holds an 87.99% stake in Purvah Green Power Private Limited.
CESC Stock Price Movement
Shares of CESC Limited closed today after shedding 1.93%, settling at ₹164.48 as trading activity involved a volume of 3.12 million shares. The stock throughout the session saw considerable movement, ranging between an intraday low of ₹162.8 and a high of ₹168.77.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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