Acquisitions20 Aug 2025, 05:51 pm
PTC India Financial Services Ltd Transfers Management of Vento Power Infra Pvt. Limited to EIE Renewables Pvt. Limited
AI Summary
PTC India Financial Services Ltd (PFS) and EIE Renewables Pvt. Limited, a wholly owned subsidiary of Enviro Infra Engineers Limited, have executed definitive agreements for the transfer of management of Vento Power Infra Private Limited. The transaction value has been received by the Company. The resolution of debt (NPA) of Vento Power Infra Pvt. Limited is through a ‘Change in Management’ process for Rs. 115,60,60,660. Deloitte Touche Tohmatsu India LLP and Saraf & Partners were the transaction advisor and legal advisor, respectively, for PFS.
Key Highlights
- PTC India Financial Services Ltd and EIE Renewables Pvt. Limited execute definitive agreements for Vento Power Infra Pvt. Limited
- Transaction value received by the Company
- Resolution of debt (NPA) of Vento Power Infra Pvt. Limited through ‘Change in Management’ process
- Deloitte Touche Tohmatsu India LLP and Saraf & Partners were the transaction advisor and legal advisor for PFS