Oriana Power Limited Incorporates Step-Down Subsidiary, Hydrogen Solutions Private Limited

Oriana Power Limited Incorporates Step-Down Subsidiary, Hydrogen Solutions Private Limited

Oriana Power Limited Incorporates Step-Down Subsidiary, Hydrogen Solutions Private Limited​

Oriana Power Limited has successfully incorporated a step-down subsidiary, HYDROGEN SOLUTIONS PRIVATE LIMITED. The company confirmed that HYDROGEN SOLUTIONS PRIVATE LIMITED received its Certificate of Incorporation from the Ministry of Corporate Affairs on May 20, 2026.

The subsidiary is set up within the power generation sector, with its stated objects being the generation of any kind of power or electric energy.

According to the details, HYDROGEN SOLUTIONS PRIVATE LIMITED's corporate structure includes an authorized capital of Rs. 100,000 (Rs. One lakh only), divided into 10,000 equity shares of Rs. 10 each. The company is located in India and commenced operations on May 20, 2026.

The incorporation follows a clear holding structure: HYDROGEN SOLUTIONS PRIVATE LIMITED is a wholly owned subsidiary of OPL Hydrogen Services Private Limited, which itself is a wholly owned subsidiary of Oriana Power Limited.

The acquisition details suggest that Oriana Power Limited acquired 100% of the shareholding of the subsidiary from OPL Hydrogen Services Private Limited. The consideration for this acquisition was structured as a cash consideration, with the cost of acquisition recorded at par.

The entity’s business line remains aligned with its stated objects, focusing on the generation of power and electric energy. As it is a newly incorporated company, its turnover is Nil, as it is yet to commence business operations.

For a comprehensive overview of the newly established entity and the details of the transaction, the following table summarizes the key facts:

ParticularsDetails
Subsidiary NameHYDROGEN SOLUTIONS PRIVATE LIMITED
CINU35105UW2026PTC253456
Incorporation DateMay 20, 2026
Authorized CapitalRs. 100,000 (Rs. One lakh only)
Share Structure10,000 equity shares of Rs. 10 each
Industry/ObjectGeneration of any kind of power or electric energy
Transaction ConsiderationCash consideration
Shareholding Acquired100% (held by OPL Hydrogen Services Private Limited)
Current TurnoverNil (yet to commence business operations)

ORIANA Stock Price Movement​

Today, Oriana Power Limited shares slipped by 1.42% to settle at ₹1775.75. The stock traded on a volume of 42,450 shares during the session.
 

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