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Grew Energy Private Limited and Shanti Educational Initiatives Limited have agreed to a major merger. Shanti Educational will first transfer its business to Shanti Learning Initiatives and then merge with Grew Energy. As part of this merger, a share exchange ratio has been established for shareholders. This strategic move aims to enhance both companies' operational capabilities in education and renewable energy.
Company Information
Company
Grew Energy Private Limited
Location
Ahmedabad, Gujarat, India
About
Grew Energy is one of the country’s fastest-growing solar PV manufacturers. The company is currently working on large solar manufacturing projects in Rajasthan and Madhya Pradesh. Grew Energy focuses on sustainable energy solutions and is committed to innovation in the renewable sector.