StockWatch
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Heavy Electrical Equipment
Divestment20 May 2026, 11:21 pm

Swelect Energy Transfers 17.5 Lakh Equity Shares in ESG Green Energy

AI Summary

Swelect Energy Systems Ltd has transferred 17,50,000 equity shares of face value ₹10 each held in its subsidiary, ESG Green Energy Private Limited, to SYRMA SGS TECHNOLOGY LIMITED. The transfer was approved by the Investment Committee on May 20, 2026. Post-transfer, ESG Green Energy Private Limited will remain a subsidiary of Swelect Energy Systems Limited.

Key Highlights

  • Swelect Energy transfers 17,50,000 equity shares in ESG Green Energy.
  • The shares were transferred to SYRMA SGS TECHNOLOGY LIMITED.
  • ESG Green Energy remains a subsidiary of Swelect Energy post-transfer.
  • The transfer was approved by the Investment Committee on May 20, 2026.