Advait Energy Transitions boosts stake in Greenergy subsidiary

Advait Energy Transitions Limited announced the acquisition of an additional 14,820 equity shares in its subsidiary, Advait Greenergy Private Limited, on September 29, 2025. This private placement transaction was valued at INR 41,80,72,200, increasing Advait Energy Transitions Limited's holding in Advait Greenergy Private Limited to 68.99%.

Advait Greenergy Private Limited, incorporated on July 4, 2023, operates in the new and renewable energy industry. The company reported a turnover of INR 2.44 Cr for 2023-24 and INR 102.8 Cr for 2024-25. This acquisition is categorized as a related party transaction, with Advait Energy Transitions Limited having an interest in the entity, and the transaction was conducted at arm’s length. The indicative time period for completion of the acquisition is November 5, 2025.