Swelect Energy Systems has received an approval to invest up to Rs 10 crore in the share capital of the wholly owned subsidiary company ‘HHV Solar Technologies’. The board of directors at its meeting held on March 14, 2016 has approved for the same.
The board has also approved the proposal to transfer the 12 MW Solar Photovoltaic plant located at Monjanur Village, Aravakurichi Taluk in Karur District to one of the wholly owned subsidiary company Swelect Green Energy Solutions.
Swelect Energy Systems formerly ‘Numeric Power Systems’ is a leading Power Electronics and Renewable Energy company.
| Company Name | CMP |
|---|---|
| Vikram Solar | 222.00 |
| Syrma SGS Technology | 985.75 |
| Saatvik Green Energy | 461.45 |
| Kaynes Technology | 4246.40 |
| Fujiyama Power Syste | 263.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: