Zodiac Energy (ZODIAC) — Announcement

📢 Key Event
Company incorporates wholly-owned subsidiary ZODIAC ENERGY IPP-1 PRIVATE LIMITED

🔄 What Changed
Establishment of new subsidiary for solar projects

💡 Investor Takeaway
The subsidiary creates a dedicated vehicle for solar expansion without immediate financial outlay.

Zodiac Energy Limited announced the incorporation of its wholly-owned subsidiary ZODIAC ENERGY IPP-1 PRIVATE LIMITED on July 30, 2026, as a Special Purpose Vehicle to develop solar power generation and EPC projects, strengthening its renewable energy portfolio and operational capabilities. The new entity has a nominal share capital of ₹1 lakh and will be fully owned by Zodiac Energy Limited.

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About Zodiac Energy Limited (ZODIAC)

Construction · Infrastructure Developers & Operators · Listed on NSE

Market Cap: ₹361.15 Cr P/E: 14.9 ROE: 26.3% ROCE: 21.7% Div Yield: 0.31%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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