EKI Energy Services Limited (BSE:543284) agreed to acquire 49% stake in Glofix Advisory Services Private Limited for INR 1.3 million on May 12, 2024. Prior to the transaction, EKI Energy Services Limited (BSE:543284) held 51%. Under the terms, EKI Energy Services will be acquiring 49,000 equity shares at INR 27.14 per share.

The transaction is expected to close on July 31, 2024. The transaction has been approved by board of EKI Energy Services on May 12, 2024.