Mumbai, Aug. 19 -- EIE Renewables engaged in the business of non-conventional/ renewables and sustainable energy generation and its distribution.

The company had acquired an additional 2,50,00,000 equity shares of EIE Renewable at a price of Rs 10 per equity share, amounting to a total consideration of Rs 25 crore.

EIE Renewable was incorporated for the purpose of undertaking the business of power generation through renewable sources.

The additional investment will enable Enviro Infra Engineers to tap the opportunities prevailing in the renewable energy sector and aligns with the long-term vision to expand into sustainable and future-oriented business segments.

Enviro Infra Engineers is in the business of designing, construction, oper...