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Sun Drops Energia acquires majority stake in DEK

PRIVATESep 24, 2026about 3 hours ago

Acquiring Company

Sun Drops Energia Private Limited

Acquired Company

DEK and Mavericks Green Energy Limited

IndiaGujaratEnergyRenewable EnergyBiomass EnergyEnergyRenewable EnergySolarBiomass Energy

Description

Sun Drops Energia Private Limited has acquired a majority stake in DEK and Mavericks Green Energy Limited through a share swap arrangement. The transaction involves issuing compulsorily convertible preference shares to the selling shareholders. Sidebar provided advisory services throughout the deal, ensuring comprehensive support in various aspects of the transaction. This acquisition enhances Sun Drops Energia's portfolio in the renewable energy sector.

Company Information

Company

Sun Drops Energia Private Limited

Location

India

About

Sun Drops Energia is a subsidiary of KP Group focused on energy solutions. The company is involved in various renewable energy projects. They aim to enhance the energy landscape through innovative technologies. Sun Drops Energia is striving for sustainable growth in the energy sector.

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Frequently asked

Who acquired DEK and Mavericks Green Energy Limited?

DEK and Mavericks Green Energy Limited was acquired by Sun Drops Energia Private Limited, based in India. The deal was reported on September 24, 2026. Sun Drops Energia is a subsidiary of KP Group focused on energy solutions. The company is involved in various renewable energy projects. They aim to enhance the energy landscape through innovative technologies. Sun Drops Energia Private Limited is privately held and operates in Energy.

When did Sun Drops Energia Private Limited acquire DEK and Mavericks Green Energy Limited?

Sun Drops Energia Private Limited's acquisition of DEK and Mavericks Green Energy Limited was reported on September 24, 2026. Sun Drops Energia Private Limited has acquired a majority stake in DEK and Mavericks Green Energy Limited through a share swap arrangement. The transaction involves issuing compulsorily convertible preference shares to the selling shareholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DEK and Mavericks Green Energy Limited do?

DEK and Mavericks Green Energy Limited is an engineering, procurement, and construction (EPC) partner in the renewable energy sector. The firm has been involved in executing significant projects, particularly in Gujarat. It is privately held, operating in Energy, and is based in Gujarat.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.