ALPHA TRIBE

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

12-02-2025 | 07:56 pm

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024, with total income of ₹355.35 Cr and net profit (loss) of ₹-29.90 Cr. The Board authorized an investment of up to ₹21 Cr in ESG Green Energy Private Limited to establish a 16 MW solar power plant under a Group Captive scheme. Additionally, Mr. Vikash Kumar Upadhyay has been appointed as Vice President – Sales, effective March 10, 2025. These decisions highlight the company's commitment to expanding its renewable energy footprint while strengthening its management team.

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