Vikran Engineering Limited — JV/Acquisition, 05-05-2026: Acquisition

VIKRAN Engineering is stepping into the renewable energy space by incorporating a wholly-owned subsidiary, Vikran Renewable Private Limited. This move signals a strategic push into solar power generation and related infrastructure. The initial investment is Rs. 1 lakh for a 100% stake. This expansion is aimed at bolstering VIKRAN's business portfolio and capturing opportunities in the growing green energy sector.