Enviro Infra Engineers Limited — JV/Acquisition, 04-06-2025: Acquisition
04-06-2025 | 05:44 pm
04-06-2025 | 05:44 pm
Enviro Infra Engineers has announced a board meeting on the financial results for the quarter and half-year. The company completed the full acquisition of EIE Renewables Private Limited, purchasing 1 lakh shares for ₹10 lakh initially, then investing ₹49.9 Cr for 4.99 crore shares to gain 100% control. This deal significantly boosts Enviro Infra’s renewable energy presence, supporting its strategic pivot toward sustainable power with a pan-India reach, and is expected to drive new growth opportunities in the clean energy space.
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