Saatvik Green Energy Acquisition Worth ₹2.4 Cr
Saatvik Green Energy Limited is acquiring an 80% stake in Melcon Transformers and Electrical Private Limited for ₹2.40 Crore. This strategic acquisition enables diversification into transformer manufacturing, establishing a presence in the power value chain. The transaction is expected to conclude within 30 days, unlocking operational synergies and enhancing supply chain control.
- Value
- ₹2.40 Cr
- Execution
- Within 30 days of Intimation