Abhijeet Tanaji Chaudhari, Nikhil Sunil Chougale and Prajyothsign Bisen agreed to acquire 51% stake in Enrecover Energy Recovery Solutions Private Limited from Refex Renewables & Infrastructure Limited (BSE:531260) for INR 0.05 million on March 23, 2023. As of March 31, 2022, Enrecover reported Turnover of INR 4.4 million and networth of INR 51.8 million. The transaction is expected to complete on March 31, 2023.