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Sangam Renewables has received an approval for the divestment of 49% stake in Waacox Energy (A wholly owned subsidiary). The Board of Directors of the company at their meeting held on June 22, 2018, approved the same.

The board also considered and approved in principal to have financial and strategic arrangement with Aditya Birla Renewables for its 154 MW Solar project to be set up for Mahagenco. Further, they have given approval to set up a subsidiary as SPV and invest up to 76% of the equity capital of that company.

Sangam Renewables is engaged in the business of providing diversified financial services with primary focus in assisting small and medium enterprises (SMEs) in corporate and non corporate sector in their financial planning and arranging funds for them.

Waaree Renewables Share Price

1015.40 -13.60 (-1.32%)
11-May-2026 11:53 View Price Chart
Peers
Company Name CMP
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