Advait Energy Transitions Merger & Restructuring Worth ₹0.02 Cr
Advait Energy sold an 80% stake in two subsidiaries for a total of Rs. 0.016 Crore. The Board also approved an ESOP grant of 7,376 options.
- Value
- ₹0.02 Cr
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Advait Energy sold an 80% stake in two subsidiaries for a total of Rs. 0.016 Crore. The Board also approved an ESOP grant of 7,376 options.
Advait Energy Transitions is incorporating Advait BESS Bhesaan Private Limited with a 51% stake for ₹0.01 Crore. This subsidiary expands the company's battery energy storage business.
Advait Energy Transitions incorporated a new subsidiary, Advait BESS Bhesaan Private Limited, for battery energy storage systems. The parent company holds a 51% stake.
Advait Energy Transitions Limited incorporated a new 80%-owned subsidiary, Advait Carbon Advisory & Renewables Assets Private Limited. The investment of ₹80,000 (recorded as ₹0.01 Crore) targets sustainability, carbon advisory, and ESG consulting businesses, marking a strategic expansion into specialized climate services.
Advait Energy Transitions Limited incorporated a new subsidiary, Advait Unified Renewable Assets Private Limited, on April 27, 2026. The company holds an 80% stake with a total investment commitment of ₹0.01 Crore. The subsidiary will focus on power generation, transmission, and manufacturing utility projects, expanding the parent's energy transition portfolio.
Advait Energy Transitions Limited incorporated a new subsidiary, Advait Battery Ecosystems Private Limited, with an 80% stake for ₹0.01 Crore. The new entity will focus on manufacturing energy storage systems and EV batteries.
Advait Energy Transitions Limited incorporated three new subsidiaries: Advait Battery Ecosystems, Advait Carbon Advisory, and Advait Unified Renewable Assets. Each subsidiary has an initial paid-up capital of ₹0.01 Crore (Total ₹0.03 Crore). These entities will focus on battery ecosystems, carbon advisory, and renewable energy assets, diversifying the company's green energy portfolio.