Latest news with #DharanInfraSolar
Time of India
11 hours ago
- Business
- Time of India
Dharan Infra-EPC to expand into solar energy and renewable power segment
Infrastructure company Dharan Infra-EPC Ltd on Saturday said it will set up a wholly-owned subsidiary to expand into the solar energy and renewable power segment. The new subsidiary, Dharan Infra Solar Pvt Ltd , will operate in the solar power and renewable energy sector and undertake design, development, and execution of solar modules and hybrid energy systems, the company said in an exchange filing. Dharan Infra Solar will engage in a wide spectrum of activities, including the manufacturing, design, development, and improvement of renewable energy modules, cells, and accessories. The new subsidiary also aims to provide end-to-end solutions for solar power projects , the filing stated. The strategic move is aimed at strengthening presence in the green energy and infrastructure ecosystem, it added. The company has rebranded from KBC Global Ltd to Dharan Infra-EPC Limited as part of a strategic shift to focus on infrastructure and EPC projects . It has an order book of Rs 260 crore. PTI
Hans India
11 hours ago
- Business
- Hans India
Below ₹1, KBC Global bets big on solar energy; To be in focus on Monday
KBC Global, a penny stock trading below ₹1, is expected to attract attention on Monday, June 16, after announcing a strategic expansion into renewable energy. The company revealed the incorporation of a new wholly owned subsidiary, Dharan Infra Solar Private Limited, which will focus on solar and hybrid power solutions. This marks a major shift in KBC Global's growth trajectory as it aims to strengthen its presence in sustainable infrastructure. The Nashik-based infrastructure and EPC (engineering, procurement, and construction) firm shared on June 14 that its board had approved the formation of the subsidiary in a meeting held on June 13. The new arm will engage in the manufacturing, design, research, development, and trading of solar modules and hybrid renewable systems. Beyond just solar panels, Dharan Infra Solar plans to deliver end-to-end renewable solutions, covering import-export operations, assembly, maintenance, and operation of clean energy projects. In a broader strategic revamp, KBC Global is rebranding itself as Dharan Infra-EPC Limited to reflect its focus on infrastructure and EPC verticals. This follows an earlier announcement from February 2024, where the board approved a 1:1 bonus share issuance, adding momentum to the company's transformation. KBC Global's current order book stands at ₹260 crore. So far in June, KBC Global's stock has rallied nearly 22%, breaking a seven-month losing streak. Despite a 50% plunge over the past year, the stock hit a 52-week high of ₹1.28 in November 2024 and a low of ₹0.34 in May 2025. The launch of Dharan Infra Solar may mark a turning point in KBC Global's market positioning, aligning the company with India's growing renewable energy ambitions. Disclaimer: This article is for educational purposes only and is not investment advice. Readers should consult certified financial experts before acting on market news.
Time of India
a day ago
- Business
- Time of India
Dharan Infra pivots to green energy; sets up solar-focused subsidiary; aims end-to-end presence in renewables
Dharan Infra–EPC Ltd has taken a decisive step into the renewable energy sector by establishing a wholly-owned subsidiary, Dharan Infra Solar Pvt Ltd, to spearhead its entry into solar power and hybrid energy systems. The new entity will oversee the design, development, and execution of solar modules, cells, and associated accessories. According to a regulatory filing, Dharan Infra Solar aims to offer end-to-end solutions for solar power projects, covering everything from module manufacturing to project deployment and ongoing development, PTI reported. This strategic move follows the parent firm's rebranding from KBC Global Ltd to Dharan Infra–EPC Ltd, underscoring its shift in focus toward green infrastructure and engineering, procurement, and construction (EPC) priorities. The company already has an active order book valued at Rs 260 crore, providing a strong launchpad for its expansion plans. By entering the solar and hybrid energy space, Dharan Infra is positioning itself to capitalize on India's growing emphasis on clean energy and distributed power generation. The move reflects both a broadening of capabilities and a deepening commitment to sustainable infrastructure. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
