Swelect Energy Systems Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting

The board meeting has authorized an investment of up to ₹21 crore in ESG Green Energy Private Limited to establish a 16 MW solar power plant under a group captive scheme. Additionally, the board has approved the appointment of Mr. Vikash Kumar Upadhyay as Vice President of Sales, effective from March 10, 2025. The unaudited financial results for the quarter and nine months ending December 31, 2024, reflect a total income of ₹35.53 crore, with a net loss of ₹2.99 crore for the quarter. The company continues to expand its efforts in the renewable energy sector.