India-based natural gas distributor Rudra Gas Enterprise Ltd (<a href="https://www.bseindia.com/stock-share-price/rudra-gas-enterprise-ltd/rudragas/544121/" target="_blank">BOM:544121</a>) said that its board has approved the establishment of a renewables-focused subsidiary as part of a strategy to expand the company’s business horizon and become capable of sharing resources and expertise to improve performance.