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Zodiac Energy Limited acquires 98% stake in Umaputra and Kripalu Solar Projects LLPs
13-Aug-2026, 06:12
Zodiac Energy Limited announced it has acquired a majority stake of 98% in Umaputra Solar Projects LLP and Kripalu Solar Projects LLP, both incorporated in 2020, and increased its stake in Harikrishna Solar Projects LLP and Govind Solar Projects LLP to 98% from 15%, effective August 13, 2026, through capital contributions of Rs 19,600 each. The acquisitions, which were carried out on an arm’s length basis, will result in further expansion of Zodiac Energy’s business and the LLPs have become subsidiaries of the company.
Zodiac Energy Limited announced it has acquired a majority stake of 98% in Umaputra Solar Projects LLP and Kripalu Solar Projects LLP, both incorporated in 2020, and increased its stake in Harikrishna Solar Projects LLP and Govind Solar Projects LLP to 98% from 15%, effective August 13, 2026, through capital contributions of Rs 19,600 each. The acquisitions, which were carried out on an arm’s length basis, will result in further expansion of Zodiac Energy’s business and the LLPs have become subsidiaries of the company.