EKI Energy Services has received approval from board of directors to sell 49% equity shares in its Wholly Owned Subsidiary (WOS) -- EKI Power Trading (Formerly Known as EKI Three Community Projects), at a net consideration of Rs 5.14 crore. Consequent to the sale, EKI Power Trading will cease to be a wholly owned subsidiary of the Company but will remain a subsidiary of the Company. The Board of Directors of the Company at its meeting held on November 09, 2023 has approved the same.
EKI Energy Services is a well-recognized brand in the realm of ‘climate change, carbon credit, and sustainability solutions’ across the globe.
