Swelect Energy Systems Merger & Restructuring Worth ₹0.31 Cr
Swelect Energy Systems is selling a 26% stake in its subsidiary, ESG Solar Energy Private Limited, to Garg Acrylics Limited for Rs. 0.31 Crore.
- Value
- ₹0.31 Cr
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
9 announcements with these filters
Swelect Energy Systems is selling a 26% stake in its subsidiary, ESG Solar Energy Private Limited, to Garg Acrylics Limited for Rs. 0.31 Crore.
Swelect Energy Systems has put its proposed acquisition of Dexler Solar Park Phase 1 Private Limited into abeyance.
Swelect Energy Systems is acquiring Swelect Sunpower Plus Private Limited for ₹5.52 Crore to set up a 5 MW solar power plant.
Swelect Energy Systems is acquiring 100% of Dexler Solar Park Phase 1 for ₹0.01 Crore. This acquisition supports the company's expansion into Karnataka's solar power market.
Swelect Energy Systems will acquire 100% of Dexler Solar Park Phase 1 for ₹0.001 Crore. The subsidiary plans a 7.0 MWdc solar power plant.
Swelect Energy's Singapore subsidiary will invest $500,000 (₹4.75 Crore) in Comstock BESS LLC. This acquisition facilitates entry into the US grid-storage market.
SWELECT Energy subsidiary will acquire 49% of Gridnex Solar for Rs.4.31 Crore. The target is developing 80 MW solar capacity in Madhya Pradesh.
Swelect SolarKraft is acquiring a 49% stake in Gridnex Solar Power for ₹4.31 Crore. This expands the company's solar footprint with an 80 MW project.
Swelect Energy Systems approved transferring 17,50,000 shares of its subsidiary to Syrma SGS Technology. The entity remains a subsidiary, representing an internal group restructuring.