EKI Energy Services has received approval to sale 100% stake of Galaxy Certification Services (formerly known as EKI Four Community Projects), Wholly Owned Subsidiary (WOS) held by the company to Bhuwan Modi, Chartered Accountant at a net consideration of Rs 10 lakh.
Consequent to the sale, Galaxy Certification Services will cease to be a wholly owned subsidiary of the company. The expected date of completion of sale/disposal is June 30, 2025. The Board of Directors of the company at its meeting held on May 07, 2025 inter-alia, has approved the same.
EKI Energy Services is engaged into various types of businesses like Carbon Credits Trading and Climate Change Advisory Services, Business Excellence Advisory and Electrical Safety Audits.