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Zodiac Energy Ltd. Restructures Subsidiary Holdings to Boost Solar Expansion

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Zodiac Energy Ltd. Restructures Subsidiary Holdings to Boost Solar Expansion

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Zodiac Energy Ltd. ( (IN:ZODIAC) ) just unveiled an announcement.

Zodiac Energy Ltd. has announced a significant change in its holdings within its subsidiary LLPs. The company increased its stake in Priyapritam Solar Projects LLP and Radhavallabh Solar Projects LLP from 51% to 98%, while it disposed of its entire 50% stake in Dhwarkesh Solar Projects LLP, which will no longer be a subsidiary. This strategic move is expected to enhance Zodiac Energy’s business expansion in the solar energy sector, aligning with its core objectives and potentially strengthening its market position.

More about Zodiac Energy Ltd.

Zodiac Energy Ltd. operates in the solar energy industry, focusing on setting up solar power plants and producing electricity through solar energy. The company aims to expand its business within the solar power sector.

Average Trading Volume: 15,510

Technical Sentiment Signal: Hold

Current Market Cap: 4.79B INR

Learn more about ZODIAC stock on TipRanks’ Stock Analysis page.

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