AIA Engineering to subscribe to the shares of Clean Max Meridius | Jobs Vox


For setting up of Captive Hybrid Renewable Power Project in Gujarat

AIA Engineering along with Clean Max Enviro Energy Solutions (Promoter Shareholder) and Clean Max Meridius (CMPL) to acquire/subscribe 2,600 equity shares of Rs 10 each each of CMPL to set up a captive hybrid (solar and wind) power project Share purchase agreement entered into. Gujarat.

The Company will also sign and execute an energy supply agreement with Clean Max Meridius for supply of contracted hybrid (solar and wind) power to the Company as a captive user.

Pursuant to the above acquisition/subscription of shares, CMPL will become an associate of the Company.

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(This story has not been edited by Business Standard staff and was auto-generated from a syndicated feed.)

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