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GP Eco Solutions India LimitedImportant, 03-07-2025: Disclosure of material issue

03-07-2025 | 09:01 pm

GP Eco Solutions India Limited has announced a board meeting on July 3, 2025, approving the acquisition of 500 shares of Invergy India Private Limited, making Invergy its wholly owned subsidiary. Invergy operates in the solar energy sector, focusing on manufacturing and supplying advanced PV inverter systems and battery storage solutions. The acquisition, completed via cash consideration at Rs. 150.44 per share, aims to consolidate Invergy fully under GP Eco Solutions to strengthen its position in the clean energy market.

Investors should note this move enhances GP Eco’s control over a fast-growing subsidiary showing consistent revenue growth (turnover rose from Rs. 2016.93 lakh in FY23 to Rs. 4273.11 lakh in FY25). This consolidation is expected to streamline operations and leverage Invergy’s R&D capabilities, potentially boosting future earnings and market presence in the solar tech segment.

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