Shah Metacorp Limited — JV/Acquisition, 23-04-2026: Acquisition

Shah Metacorp (SML) is making a strategic move, approving the acquisition of a 26% equity stake in Strike Eco Grid Private Limited for Rs. 52,000. This investment into the power and renewable energy sector, specifically targeting solar EPC and power generation, is designed to provide SML with captive solar benefits. The primary goal is to significantly reduce high operational costs and foster strong operational and supply chain synergies, signaling a clear focus on backward integration and efficiency gains for Shah Metacorp.