Chetan Sureshchandra Shah, Paulomi Chetan Shah, Sapna Vipul Shah, Shakuntala Mulchand Shah, Satyanarayan Unkarchand Rathi, Anil Rathi, Shivprakash Unkarchand Rathi, Pukhraj Agrawal, Bhavana Agrawal, Piyush Chandak, Kailashchandra Bansilal Chandak, Kavita Kailashchandra Chandak, Kavita Piyush Chandak, Krishna Patodia, Arunkumar Kashiramji Patodia, Sunita Arunkumar Patodia and Narayan Arun Patodia entered into an agreement to acquire 23.5% stake of Solex Energy Limited for INR 54.6 million.

Chetan Sureshchandra Shah, Paulomi Chetan Shah, Sapna Vipul Shah, Shakuntala Mulchand Shah, Satyanarayan Unkarchand Rathi, Anil Rathi, Shivprakash Unkarchand Rathi, Pukhraj Agrawal, Bhavana Agrawal, Piyush Chandak, Kailashchandra Bansilal Chandak, Kavita Kailashchandra Chandak, Kavita Piyush Chandak, Krishna Patodia, Arunkumar Kashiramji Patodia, Sunita Arunkumar Patodia and Narayan Arun Patodia entered into an agreement to acquire 23.5% stake of Solex Energy Limited from Kalpeshkumar Ramnabhai Patel for INR 54.6 million on March 17, 2021. In related transaction, Chetan Sureshchandra Shah, Paulomi Chetan Shah, Sapna Vipul Shah, Shakuntala Mulchand Shah, Satyanarayan Unkarchand Rathi, Anil Rathi, Shivprakash Unkarchand Rathi, Pukhraj Agrawal, Bhavana Agrawal, Piyush Chandak, Kailashchandra Bansilal Chandak, Kavita Kailashchandra Chandak, Kavita Piyush Chandak, Krishna Patodia, Arunkumar Kashiramji Patodia, Sunita Arunkumar Patodia and Narayan Arun Patodia made an offer to acquire 26% stake in Solex Energy Limited for INR 72..8 million on March 17, 2021. Under the terms of agreement, acquirers will acquire 1.8 million shares for INR 29 each. Sarthak Vijlani of Navigant Corporate Advisors Limited acted as manager to the offerors.