GP Eco Solutions India Limited — Important, 18-03-2025: Disclosure of material issue

GP Eco Solutions India Limited has incorporated a new subsidiary, GPES Solar 5 Private Limited, with a 51% shareholding. This new entity will focus on construction, maintenance, and operation of renewable energy power plants, encompassing solar, wind, thermal, and hydroelectric sectors. The company will also supply solar generation equipment and offer installation and electrical services.

The inclusion of GPES Solar 5 aligns with the strategic expansion into the renewable energy market, presenting potential growth opportunities as demand for solar energy continues to rise. The subsidiary, while newly established, positions GP Eco Solutions to leverage trends in sustainable energy and bolster its operational portfolio. Investors should monitor developments closely, as this move may enhance the company's market presence and operational capabilities in the renewable energy sector.