5320512026-09-255320512026-09-252026-09-25iso4217:INRxbrli:pure532051SWELECT ENERGY SYSTEMS LIMITEDSWELECTESNOTLISTEDINE409B01013NewAcquisition (including agreement to acquire)false2026-09-2421:59:002026-09-25Pursuant to the powers conferred by the Board of Directors of the Company, the Investment Committee at the meeting held on 24th September 2026 approved the acquisition of 100% (one hundred percent) equity shares of GNU Solar Assetco Two Private Limited.SWELECT ENERGY SYSTEMS LIMITEDListed Entity (self)GNU SOLAR ASSETCO TWO PRIVATE LIMITED001000000falsefalsetrueSolar power generation and DistributionGNU Solar Assetco Two Private Limited proposes to set up a Solar Power Plant under group captive scheme, which would result in increase of consolidated turnover of the Company.NAfalseThe acquisition will be made as per the Securities Purchase Agreement or such other definitive agreement to be entered with the selling shareholders of GNU Solar Assetco Two Private Limited.Cash1000000Acquisition cost not exceeding Rs.10 lakhs (Rupees Ten lakhs only)100000001GNU Solar Assetco Two Private Limited was incorporated as a subsidiary of U-SOLAR CLEAN ENERGY SOLUTIONS PRIVATE LIMITED in Karnataka. Line of business acquired: Erection and commissioning of solar & other renewable energy devices and facilitate solar, wind and other renewable energy plant deployment, including consultancy regarding, installation and maintenance and operation relating to Renewable energy systems and renewable energy. The investee company will set-up a Solar Power Plant with an initial capacity upto 11 MWp DC under group captive scheme.2026-06-15INDIA