Swelect Energy Systems has decided to acquire the entire share capital of Swelect Green Energy Solutions (SGES). With the aforesaid acquisition, Swelect Green Energy Solutions will become 100% wholly owned subsidiary of the company. The board of directors at its meeting held on November 11, 2013 has approved for the same.
Swelect Energy was formerly Numeric Power Systems, a major player in the Uninterruptible Power Supply business. Last year, Numeric Power sold its UPS business and decided to concentrate on solar power and was renamed Swelect Energy.
| Company Name | CMP |
|---|---|
| Vikram Solar | 189.00 |
| Syrma SGS Technology | 1376.90 |
| Saatvik Green Energy | 439.15 |
| Kaynes Technology | 3335.20 |
| Fujiyama Power Sys. | 342.35 |
| View more.. | |
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