Vikran Engineering acquires 51% stake in NOPL Solar Projects Back

Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 51% equity stake in NOPL Solar Projects (Target Entity), subject to customary conditions precedent as agreed between the parties. <p> The acquisition is in line with the Company's strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.