Expansion12 Feb 2025, 12:39 am
Anirit Ventures Ltd, Subsidiary of Oilmax Energy, Announces Strategic Expansion into Green Technology and Agritech
AI Summary
Anirit Ventures Ltd, a subsidiary of Oilmax Energy Pvt Ltd, has announced its strategic expansion plans. The company has approved a recapitalisation plan, including a right issue of shares. Anirit Ventures Ltd is entering the green technology field, focusing on carbon capture and reduction. It has also announced the acquisition of Anirit Agritech Pvt Ltd, which is into agritech business and currently focusing on controlled weather farming. The company is appointing Mr. Sadhan Banerjee as the Chief Executive Officer to spearhead its business expansion. Oilmax Energy Pvt Ltd, the parent company, is a privately owned integrated Oil & Gas company with investments in Oil & Gas assets and the Energy Services business.
Key Highlights
- Anirit Ventures Ltd announces strategic expansion into green technology field related to carbon capture and reduction
- Company to operate into green technology field and undertake cutting-edge projects to deploy and implement R&D-driven innovations
- Acquisition of Anirit Agritech Pvt Ltd, which is into agritech business and currently focusing on controlled weather farming
- Appointment of Mr. Sadhan Banerjee as the Chief Executive Officer
- Oilmax Energy Pvt Ltd, parent company, is a privately owned integrated Oil & Gas company with investments in Oil & Gas assets and the Energy Services business