Elgi Equipments Limited (ELGIEQUIP)
Acquisition
Elgi Equipments Limited acquired 18.01% stake in Constronics Energy Solution Private Limited, a solar power company incorporated in Dec 2024 with no turnover to date. The acquisition aims to comply with Electricity Act requirements and secure renewable energy procurement for 25 years to optimize power costs. Consideration was cash amounting to ₹1.62 Cr. Completion date: Aug 20, 2026.
Source: Original filing PDF
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🚨 ELGIEQUIP — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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