25-Jun-2026 21:47:44
SWELECTESGeneral news
SWELECT ENERGY SYSTEMS : ACQUISITION OF 49% EQUITY SHARES OF GRIDNEX SOLAR POWER PRIVATE LIMITED WORTH RS 4.31 CR
• SWELECT SolarKraft Private Limited, a wholly owned subsidiary, to acquire 49% equity shares of Gridnex Solar Power Private Limited. • Acquisition is for grid connected Solar PV based Power Plants. • Deal value is INR 4,31,20,000 (~₹4.31 Cr). • Gridnex Solar Power Private Limited is being set up under Surya Mitra Krishi Feeders Scheme and PM KUSUM-C scheme. • The target entity was incorporated on 17th March 2026.
Swelect Energy Systems Ltd-$
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