Enviro Infra Engineers Limited — JV/Acquisition, 06-05-2025: Acquisition

Enviro Infra Engineers is set to acquire 100% of EIE Renewables, a new renewable energy firm, for an initial ₹10 lakh with plans to invest nearly ₹50 Cr more via equity or convertible loan. This deal marks a major strategic push to enter and scale in the renewable energy space, enhancing Enviro Infra’s footprint across India in a rapidly growing, sustainable sector. The acquisition is expected to boost Enviro Infra’s long-term growth potential by adding a pan-India renewable energy business under its umbrella.