MoneyWorks4Me

Zodiac Energy acquires majority stake in Dharmik Solar Projects LLP

13 Aug 2025 Evaluate

Zodiac Energy has acquired a majority stake and has been admitted as a partner in Dharmik Solar Projects LLP with effect from August 12, 2025. Following the acquisition, the company now holds a 51% ownership interest in the Dharmik Solar Projects LLP through direct capital contribution. Accordingly, Dharmik Solar Projects LLP has become subsidiary of company. 

The said acquisition would result in further expansion of the business of company. Dharmik Solar Projects LLP is currently engaged in the business of setting up the solar power plants, produce electricity through solar energy and sell the Solar power.

Zodiac Energy is engaged in the business of installation of Solar Power Generation Plant/Items.

Peers
Company Name CMP
Bharat Heavy Elect. 408.55
Thermax 3388.00
Kirloskar Industries 3586.00
Skipper 543.80
INDO-MIM 1256.85
View more..