Acquisitions20 Mar 2026, 04:51 pm
Torrent Power Ltd Acquires Onix-One Enersol Private Limited for ₹ 1,00,000
AI Summary
Torrent Power Ltd, through its wholly owned subsidiary Torrent Green Energy Private Limited, has acquired 100% equity shares of Onix-One Enersol Private Limited from Nikhil Hareshbhai Savaliya and Divyeshkumar Mansukhlal Savaliya for a total consideration of ₹ 1,00,000. Onix, incorporated on July 31, 2023, had a turnover of ₹ 19.44 Crore in FY 25. This acquisition will support Torrent Power's client commitments as connectivity has already been secured and land has been identified.
Key Highlights
- Torrent Power Ltd acquires Onix-One Enersol Private Limited for ₹ 1,00,000
- Onix had a turnover of ₹ 19.44 Crore in FY 25
- Acquisition will support Torrent Power's client commitments
- Onix incorporated on July 31, 2023
- No other asset in Onix