Advait Energy Transitions Ltd to Sell 100% Stake in Two Subsidiaries for INR 1,00,000 Each

Advait Energy Transitions Ltd, formerly known as Advait Infratech Limited, has decided to sell 100% stake in its two wholly owned subsidiaries, A&G Hydrogen Technologies Private Limited and Advaiteco Technologies Private Limited, to its subsidiary, Advait Greenergy Private Limited. The sale is for INR 1,00,000 each, amounting to a total of INR 2,00,000. Post-sale, the two companies will be considered step-down subsidiaries of Advait Energy Transitions Limited. The agreement for sale is yet to be executed, with the expected completion date set for August 4, 2025.