Investment13 Aug 2025, 06:03 pm
Swelect Energy Systems Ltd. Approves Additional Investment in ESG Green Energy Private Limited
AI Summary
Swelect Energy Systems Ltd. has approved an additional investment of up to Rs. 9 crores in equity share capital of its wholly owned subsidiary, ESG Green Energy Private Limited, for increasing its solar power plant capacity from 16 MW to 25 MW under the Group Captive Scheme. The decision was made at the board meeting held on 13th August 2025, which also approved the unaudited financial results for the quarter ended June 30, 2025.
Key Highlights
- Additional investment of up to Rs. 9 crores in ESG Green Energy Private Limited
- Increase in solar power plant capacity from 16 MW to 25 MW under the Group Captive Scheme
- Approval of unaudited financial results for Q1 2025
- Cost audit report for the year ended 31.03.2025 noted by the board