Servotech Renewable Power System Limited — Important, 20-06-2025: General Updates

Servotech Renewable Power System has announced a board meeting to approve the acquisition of 27% stake in Rhine Solar Limited for Rs 12.15 Cr. Rhine Solar, a solar energy company with a provisional turnover of Rs 82.41 Cr in FY25, strengthens Servotech’s backward integration in the solar segment. This strategic investment aims to enhance Servotech’s footprint across solar products like panels, lamps, and irrigation systems, supporting its growth in the renewable energy sector.