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KPI Green's Sun Drops to acquire DMGEL fully

PRIVATEAug 24, 2026about 3 hours ago

Acquiring Company

KPI Green Energy Limited

Acquired Company

DEK and Mavericks Green Energy Limited

GujaratEnergyRenewable EnergySolarBiomass EnergyEnergyRenewable EnergySolarBiomass Energy

Description

KPI Green Energy's subsidiary, Sun Drops, will acquire up to 100% of DEK and Mavericks Green Energy Limited. The acquisition is valued at Rs. 55.80 crore and aims to expand Sun Drops' renewable energy portfolio. The transaction is expected to complete by September 30, 2026, pending necessary approvals.

Company Information

Company

KPI Green Energy Limited

About

KPI Green Energy Limited is a renewable energy company focused on developing solar power projects.

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Frequently asked

Who acquired DEK and Mavericks Green Energy Limited?

DEK and Mavericks Green Energy Limited was acquired by KPI Green Energy Limited. The deal was reported on August 24, 2026. KPI Green Energy Limited is a renewable energy company focused on developing solar power projects. KPI Green Energy Limited is privately held and operates in Energy.

When did KPI Green Energy Limited acquire DEK and Mavericks Green Energy Limited?

KPI Green Energy Limited's acquisition of DEK and Mavericks Green Energy Limited was reported on August 24, 2026. KPI Green Energy's subsidiary, Sun Drops, will acquire up to 100% of DEK and Mavericks Green Energy Limited. The acquisition is valued at Rs. 55.80 crore and aims to expand Sun Drops' renewable energy portfolio. 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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