Swelect Energy Systems Merger & Restructuring
Swelect Energy approved off-market transfer of 12,78,000 shares in subsidiary ESG Green Energy to Ramco Industries. ESG Green Energy remains a Swelect subsidiary after the transfer.
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Swelect Energy approved off-market transfer of 12,78,000 shares in subsidiary ESG Green Energy to Ramco Industries. ESG Green Energy remains a Swelect subsidiary after the transfer.
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.