Zodiac Energy Limited — JV/Acquisition, 06-12-2025: Acquisition
06-12-2025 | 05:33 pm
06-12-2025 | 05:33 pm
Zodiac Energy has boosted its control in two solar project LLPs: Priyapritam Solar Projects LLP and Radhavallabh Solar Projects LLP. The company increased its stake from 51% to 98% in both entities, costing ₹0.0098 Cr each. This move aims to further expand its solar power business. Concurrently, Zodiac divested its entire 50% stake in Dhwarkesh Solar Projects LLP for ₹0.0050 Cr, which is now no longer a subsidiary. These strategic adjustments consolidate Zodiac's operational capabilities in the solar energy sector. The financial impact of these transactions for Zodiac is minimal.
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