Savita Oil Technologies is planning to make an investment upto Rs 35 crore in two or more tranches in equity shares and/or preference shares in Tecso Charge Zone, a Public Limited Company incorporated under the Companies Act, 2013. The meeting of the Board of Directors of the company is scheduled on May 23, 2022 to consider and approve the same.
Savita Oil Technologies is principally engaged in two segments, namely, manufacturing of petroleum speciality products and generation of electricity through windmills / wind power plants.
