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Suzlon Energy transfers 51.05% shareholding in Vayudoot Solarfarms to Aries Renewables

05 Dec 2022 Evaluate

Suzlon Energy has completed transfer of its entire 51.05% shareholding in Vayudoot Solarfarms to Aries Renewables on December 03, 2022 and accordingly Vayudoot has ceased to be the subsidiary of the Company. The Company sold its balance stake in Vayudoot Solarfarms for a consideration of Rs 14.23 crore.

Suzlon Energy is a pioneer in providing end-to-end wind power solutions for increasing demand for wind energy over the world. It has state of the art R & D centers & training campuses in India.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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