Zodiac Energy Limited — JV/Acquisition, 21-05-2025: Acquisition

Zodiac Energy has announced a board meeting on acquiring a 51% stake each in Radhavallabh Solar Projects LLP and Priyapritam Solar Projects LLP, making them its subsidiaries. Both focus on setting up and selling solar power, directly enhancing Zodiac’s renewable energy portfolio. The acquisition, done via a cash infusion of Rs. 51,000 per LLP, strengthens Zodiac’s solar footprint despite the entities currently having no revenue. This move supports Zodiac’s growth ambitions in the clean energy space and bolsters its position in the expanding solar market.