GEM Enviro Management Ltd. to Acquire 50.10% Stake in Solluz Energy Private Limited for Rs. 5 Crores

GEM Enviro Management Ltd. has announced its decision to acquire a 50.10% stake in Solluz Energy Private Limited. The acquisition will cost approximately Rs. 5 Crores. Solluz Energy Private Limited is involved in Engineering, Procurement, and Construction (EPC) services and installation of Solar Energy Plant. The acquisition is expected to be completed by January 31, 2026. Post-acquisition, Solluz Energy Private Limited will become a subsidiary of GEM Enviro Management Ltd. The acquisition aligns with GEM's core focus on environmental sustainability.