CLN Energy Ltd. Establishes Wholly-Owned Subsidiary in Dubai
CLN Energy Ltd. announced the incorporation of a wholly-owned subsidiary, C L N General Trading L.L.C., in Dubai, United Arab Emirates, completing the process on March 28, 2026. This development follows an earlier intimation dated January 28, 2026.The newly formed subsidiary will operate in the clean energy sector, focusing on trading, marketing, distribution, import, and export of clean and renewable energy products, solutions, and technologies for stationary energy applications.
The investment in C L N General Trading L.L.C. totals INR 25,68,000, equivalent to AED 1,00,000, representing a 100% subscription to the equity share capital in cash.
As a wholly-owned subsidiary, C L N General Trading L.L.C. is considered a related party of CLN Energy Limited. No governmental or regulatory approvals were required for the acquisition. The company was incorporated on March 26, 2026, in the Emirate of Dubai, United Arab Emirates.
| Particulars | Details |
|---|---|
| Name of the target entity | C L N General Trading L.L.C. |
| Amount Invested | INR 25,68,000 / AED 1,00,000 |
| Shareholding | 100% |
| Industry | Clean Energy Sector |
| Consideration | Cash |
| Cost of Acquisition | INR 25,68,000 / AED 1,00,000 |
| Date of Incorporation | March 26, 2026 |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.