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.
Advait Energy Transitions Limited has completed the voluntary winding up of its Norway-based wholly owned subsidiary, Advait Energy Holdings AS. The subsidiary had zero turnover and net worth in the previous year. This closure is part of a corporate restructuring to streamline the company's international holdings.