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Sterling and Wilson Solar’s arm acquires additional stake in Sterling and Wilson Middle East Solar Energy

26 Aug 2021 Evaluate

Sterling and Wilson Solar’s wholly owned subsidiary -- Sterling and Wilson International Solar FZCO (SWFZCO) has increased its shareholding in Sterling and Wilson Middle East Solar Energy (SWME Solar) from 147 fully paid Equity Shares of United Arab Emirates dirham 1,000 representing 49% to 300 fully paid up Equity Shares of United Arab Emirates dirham 1,000 representing 100% of shareholding on August 24, 2021, consequent to which SWME Solar is now a 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 3866.50
Kalpataru Projects 1392.25
NCC 133.25
Rail Vikas Nigam 207.00
KEC International 394.35
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