Shanti Educational Initiatives Ltd

Code: 539921 | Category: Demerger

Type: Demerger

Event Details
Announcement Date: March 02, 2026

Demerger Information
Resulting Entity: Grew Energy Private Limited
Demerged Business: Providing education services
Remaining Business: Renewable energy sector manufacturing solar modules and solar cells
Demerger Ratio: 100:212
Listing Exchange: BSE
Appointed Date: 2026-03-02
Board Approval: 2026-03-02
Valuation: ₹94.156561 Crores
Status: Board_approved
Rationale

To consolidate the business under the Amalgamated Company and enhance operational efficiency.

Document
View PDF https://www.bseindia.com/xml-data/corpfiling/AttachLive/23cf791e-597e-4d7c-a32e-f440ca16d8bf.pdf
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Company

Shanti Educational Initiatives Ltd

Code: 539921

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