Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended from time to time, and in reference to the intimation submitted dated December 29, 2025, for receipt of multiple letters of awards from M.P. Urja Vikas Nigam Limited (MPUVNL), (a Govt. of MP Enterprise), Madhav Infra Projects has informed that the Company has incorporated wholly owned subsidiaries, namely, Mipl Solar Hanumantiya ; Mipl Solar Bilehru ; Mipl Solar Kakanwani ; Mipl Solar Katthiwada. Mipl Solar Thandla ; Madhavsolar (Udaigarh) ;Mipl Solar Panchewa; Mipl Solar Dhamnod ; Mipl Solar Semliya. In this regard, the Certificate of Incorporation issued by the Central Registration Centre, Registrar of Companies, has been received by the company.
The above information is a part of company’s filings submitted to BSE.