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Acquisition

Citizen Solar Acquisition

Citizen Infoline Ltd has fixed March 31, 2026, as the record date for its merger with Citizen Solar Private Limited. Eligible shareholders of the transferor company will receive 11 equity shares of Citizen Infoline for every 1 share held. The amalgamation follows NCLT Mumbai Bench approval dated March 19, 2026.

Source

BSE filing, NSE: CIL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Citizen Solar Ltd: key numbers

Share price
₹165.85
Market cap
₹89.51 Cr
Revenue (annual)
₹310.9 Cr
Net profit (annual)
₹22.03 Cr
P/E (TTM)
4.6×Sector 43.1×
Promoter holding
53.49%+40.13% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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