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Sterling and Wilson Solar’s arm acquires balance stake in GCO Solar

16 Feb 2021 Evaluate

Sterling and Wilson Solar’s wholly owned subsidiary -- Sterling and Wilson International Solar FZCO (SWFZCO) has acquired the balance 7,92,000 fully paid up Equity Shares of GCO Solar (GCO) thereby increasing its aggregate shareholding to 33,00,000 fully paid up Equity Shares representing 100% share capital of GCO consequent to which GCO is now the wholly owned subsidiary of SWFZCO.

Sterling & Wilson Solar is engaged in the business of construction and maintenance of power plants. The company's products and services range include Contract activities and Operation Services.

Peers
Company Name CMP
Larsen & Toubro 3887.05
Kalpataru Projects 1414.60
NCC 134.50
Rail Vikas Nigam 208.75
KEC International 398.25
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