Mr. Mahesh Puj, Mr. Kiran Puj, Ms. Jagruti Mehta, Mr. Tejash Sheth, Mr. Hitesh Sheth, Mr. Bhavesh Sheth, Mr. Arun Kothari, Mrs. Deepti Ladha, Ms. Ekata Savani and Ms. Pooja Patel entered into agreement to acquire 51% stake in M/s Madhav Solar (Vadodara Rooftop) Private Limited, from Waa Solar Limited for INR 12.9 million.
January 17, 2024
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Mr. Mahesh Puj, Mr. Kiran Puj, Ms. Jagruti Mehta, Mr. Tejash Sheth, Mr. Hitesh Sheth, Mr. Bhavesh Sheth, Mr. Arun Kothari, Mrs. Deepti Ladha, Ms. Ekata Savani and Ms. Pooja Patel entered into agreement to acquire 51% stake in M/s Madhav Solar (Vadodara Rooftop) Private Limited, from Waa Solar Limited (BSE:541445) for INR 12.9 million on January 18, 2024.
Mr. Mahesh Puj, Mr. Kiran Puj, Ms. Jagruti Mehta, Mr. Tejash Sheth, Mr. Hitesh Sheth, Mr. Bhavesh Sheth, Mr. Arun Kothari, Mrs. Deepti Ladha, Ms. Ekata Savani and Ms. Pooja Patel completed the acquisition of 51% stake in M/s Madhav Solar (Vadodara Rooftop) Private Limited, from Waa Solar Limited (BSE:541445) on January 18, 2024.
Waa Solar Limited is an India-based company, which is engaged in solar power generation. The Company sets up solar power projects and invests in special purpose vehicle (SPV) associate and subsidiary companies, which are engaged in solar power generation activities. The Company is focused on engineering, procurement and construction (EPC) in solar projects. The Companyâs projects include Solar Photovoltaic (PV) Grid Interactive Power Plant of approximately 10 megawatts (MW) capacity at village Nayka, Taluka-Sami, District Patan; Solar Power plant of approximately 100 kilowatt-peak (KWP) at Raja Bhoj Airport, Bhopal; 10.42 MW Solar PV Power Project, Koppal, Karnataka; 4.00 MW Solar PV Power Project, Mansa, Punjab, and 4.00 MW Solar PV Power Project, Vadodara, Gujarat. Its subsidiaries include Madhav Solar (Vadodara Rooftop) Private Limited, Madhav Infracon (Vidisha Kurwai Corridor) Private Limited, Aspire Infracon Pvt. Ltd. And others.
Mr. Mahesh Puj, Mr. Kiran Puj, Ms. Jagruti Mehta, Mr. Tejash Sheth, Mr. Hitesh Sheth, Mr. Bhavesh Sheth, Mr. Arun Kothari, Mrs. Deepti Ladha, Ms. Ekata Savani and Ms. Pooja Patel entered into agreement to acquire 51% stake in M/s Madhav Solar (Vadodara Rooftop) Private Limited, from Waa Solar Limited for INR 12.9 million.