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.pdfDocument
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