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Mercury Ev-Tech acquires 20% stake in Powermetz Energy

08 Dec 2023 Evaluate

Mercury Ev-Tech has acquired 20% stake of ‘Powermetz Energy’ and consequently, Powermetz Energy become whole owned subsidiary (WoS) of the Company.  Mercury Ev-Tech is engaged in the manufacturing of E-vehicles and already holds 80% stake in the Target Company.

Mercury Ev-Tech is pioneer in the manufacturing of Electric Scooter, Electric Car, Electric Bus, Electric Vintage car, Electric Golf Car and Electric Vehicles in India. The company develops custom electric vehicles for a wide range of applications for the hospitality, industry, golf courses, Club and Resorts etc.

Mercury Metals Share Price

35.39 1.61 (4.77%)
17-Apr-2026 16:59 View Price Chart
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