Acquisitions13 Mar 2026, 06:12 pm
Spice Energy Pvt Ltd Acquires Majority Stake in SRM Energy Ltd
AI Summary
Spice Energy Pvt Ltd has acquired a majority stake in SRM Energy Ltd, transferring 71.192% of the total paid-up capital. This acquisition was made on March 12, 2026, as per the Share Purchase Agreement dated September 25, 2025. The seller, Spice Energy Pvt Ltd, has been reclassified as 'Public' post this acquisition.
Key Highlights
- Spice Energy Pvt Ltd acquires 71.192% stake in SRM Energy Ltd
- Acquisition completed on March 12, 2026
- Seller reclassified as 'Public' post acquisition