Premier Energies Limited has acquired a 51% controlling stake in Ksolare Energy Private Limited, and the shareholders’ arrangement with Syrma SGS Technology Limited.
Shardul Amarchand Mangaldas & Co advised Premier Energies on this acquisition.
The transaction team was led by Kushal Sinha (Partner) and Dhrupad Pant (Partner), with support from Paulose Abraham (Principal Associate), Ishita Sehgal (Principal Associate), and Associates Anushka Agarwal, Khushi Joshi and Nazish Prabhakar.
Premier Energies is an integrated solar cell and solar module manufacturing company.
Ksolare Energy is a company engaged in manufacturing solar inverters and providing smart energy solutions.
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