Rudra Gas Enterprise has received approval for investment in Overseas Company, namely Greenstat Asia, a wholly owned subsidiary of Greenstat Hydrogen, by acquisition of 25000 Equity Shares i.e. 2.5% of the Equity Shares of the Company.
Greenstat specializes in conducting comprehensive technical and financial feasibility studies for green hydrogen and renewable energy projects. It is also actively involved as an owner and operator of hydrogen and renewable energy infrastructure. Acquisition will enable the company to expand the business horizon and to achieve a common goal by sharing resources and expertise to improve the performance and expand the business in international horizon. The Board of Directors of the company at its meeting held on June 5, 2025 has approved the same.
Rudra Gas Enterprise is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable network, renting of construction machinery and vehicles.
| Company Name | CMP |
|---|---|
| GAIL India | 153.65 |
| Gujarat Gas | 314.50 |
| Indraprastha Gas | 162.25 |
| Mahanagar Gas | 1072.60 |
| Adani Total Gas | 572.70 |
| View more.. | |
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